For everyone saying we are just like in 2014 right now and we'll be down for a year..... The recovery from the 2014 bear market from Aug 2015 to Aug 2016 started when price hit the bottom of this channel. From there it recovered. BTC has now hit the bottom of the channel again, so if you say this is just like 2014, then we should recover the same, right? So copying Aug 2015-16 and pasting it on to the price action today, we can see your expected path....if your belief that this is just like 2014 is to be validated. Let's see.