I tried to estimate the expected Rate of Return on the current bull cycle based on BTC's historical logarithmic curve.
It is easy to realize at first glance that every cycle (market bottom to new All Time High) was roughly -20% from the previous one:
2010/2011: +319000% with new High at 31.91.
2011/2013: +62308.04% with new High at 1241.92. -19.53% from previous cycle.
2015/2017: +12533.11% with new High at 19870.62. -20.11% from previous cycle.
So based on the above rate (-20%) the expected Rate of Return for the 2018/TBD bull cycle will be +2506.60% with a new High at $82600.
What becomes more than clear with this simple analysis is that there is still an extreme level of potential profit to be made (almost 10 times more than the current price level). It is not to late for long term investors to join the new bull market as we have only (!!) covered +262.83% of returns since December's 3169.53 market bottom.
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but at same time this is going to be a healthy correction not a crash like everyone calling and the bullish trend will resume in only one condition which is not breaking 10600/11000 area must stand for reversal by all means. I hope this helps.
you are welcome to see my last update: