In my humble opinion.... the btc will take a "similar" path like the 2013.
I do not think that this time, the descent causes the same effect as before, but I am sure of a necessary correction.
Go long on BITSTAMP:BTCUSD | CMP = 902
LONG : the low of the bar is above the upper channel .
STOP LOSS : high of the bar is below the upper channel.
TARGET : according to follow up price action.
Using angles i tried to make a triangle and pinpoint the D spot.
Long-term bear market for Bitcoin