If this is a perfect system .............. if blockchain will keep getting those eliptical moves in long term , we can see a final last down move so the story can move to higher targets.
Just saying .. if Bitcoin will keep in this eliptical pattern in up overall , we could see some very highs in 2020 when this next spike coincide with bitcoin next halving reward year ...
PS : Expect for a quick and nasty final move in which bitcoin will kill other alts and start regain dominance and FOMO into his ass :)