zt31

zt31

Comparing the price movement with the '14, '15 bear market it seems like we are over both of the main outbreak points. Most likely we have just reached the ATH bounce-back, which well probably not take as big of a fall as it did before. If it does, we might continue our journey on the purple support line.

zt31

The support line - confirmed by the bounce-back of 18 Sep '15, 19 Apr '16, 01 Aug '16, 15 Dec '18, 04 Feb '19, Mar '19 - confirmed by the bounce-back of 21 Oct '17, 24 Jun '18, 13 Aug '18, Sep '18, Oct '18 - confirmed by the bounce-back of 17 May '19, 06 Jun '19, Sep '19, Oct '19 And...

zt31

We will have a recurrent support line at around 6500 btc, which will be the foundation of the bull run much later. Since bitcoin is making its market circles faster every time, i can see this happening in an even shorter period of time.