fract

Bitcoin Bottom Fractal (3)

fract Updated   
BITSTAMP:BTCUSD   Bitcoin
The description will be stated in terms of updates.
Comment:
Touching the green line and dotted yellow line will reverse the direction upwards.
Comment:
According to this chart, the next huge bull run (as in 2017) will begin in mid-2020. By that time, the last BTC will be sold which will lead to an intensive accumulation by general public.
Comment:
2019 is the year of establishing wave C (if there is a potential of a further decline inside bright blue area price range) and making double bottom as a confirmation of bear market saturation. Only after breaking out above narrowing triangular formation we can think about big bull run.
Comment:
IF you think that we have ALREADY established wave C THEN 1.618 on timescale is the next estimated bullrun start time.
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Resistance played out
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Fractal Config
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