In 2015, after breakup the 0.786 fibonacci line, the price never dropped below this line and the long-term bull market began. now In 2019, The price has breakup 0.786 Fibonacci line, so prices are expected to never drop below this line, and The long-term bull market is about to begin
Bitcoin Ascending Triangle in 1D Timeframe
MA 30 Weekly touch the trend line, it moved upwards so the bear market ended
Inverse Head and Shoulders Patterns maybe will plot
MA 100 weekly + 0.768 fibonacci from low 2975$ and high 18892$ is a very strong support
Bitcoin correct to MA 100 weekly and then go up
when MA50 Moving average in a weekly timeframe Breakout then long bull market start
correction can extended to 6520 support (MA 100 weekly) and then go up until 8488
as you can see in the previous bull market from 2015 to 2017 price never correct below MA30 and MA50 weekly. and now as you can see price breakup MA30,MA50 in weekly chart.