so imagining how this support will develop, could give hints about the future price development of BTC .
If BTC is to repeat a bearmarket 2014/15 style, it is very likely that price will touch the MA200 support again. This will lead to a drop into the 3k price area. Plusminus of course, could be as low as 2500, or only 3500. But the
ultra strong is somewhere in that range.
After mid 2019, I see prices rising again at the latest, and picking up speed through 2020, which will lead to the next rally, with a top in the 100-200k area.
A lot depends on future decisions now, so we just have to wait and see. But even without any approval, chances for the rally in 2020-2022 are very high due to the halving.