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syonagar

End of Current BTC Bear Market In Dec 2020 At Price of USD 1K ?

Short
Bitcoin Liquid Index (BNC:BLX)  
syonagar  
BNC:BLX   Bitcoin Liquid Index
Fibonacci Fractal BTCUSD
5
1
fibonacci fractal btcusd
Based on "% retracement below 0.786 fib level" factor of 0.55 and "duration between ATH & ATL in each cycle" factor of 0.4 between previous two bear markets, the target bottom for this current cycle is between usd1k (worst case), usd2.4k (2nd worst case) and usd3.2k (0.55 factor). The question is have we bottomed? We still have one year to go in this bear market i.e. should end sometime in Dec 2020 if we follow the similar factor of 0.4.
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