pacman

Bitcoin 4 Year Cycle with trend line on logarithmic chart

Yellow pattern plays out. Is fake out to the downside, resume blue pattern with apex at Dec 16

We are in the buy zone now

Logarithmic trend line

Logarithmic trend line indicating bitcoin price will hit 20k March 2020, at which point will go parabolic

Here is the scenario I think we are going to see unfold. 4.) sideways ranging till Feb/March, then 1.) bull market till we breach previous all time high in Feb/March of 2019, then 3.) hyper Bull market till we establish a new all time high

Attempt to extrapolate previous price action to see how history might repeat itself

Looking at thee bullish divergence where previous 2 have led to major bull run. Expecting run up to where downward sloping resistance and .618 fib retracement converge

Forecasting mostly sideways action with possible high volume capitulation dump down to historical logarithmic trend lines

Inspired by Azop Rainbow charts and a few others I've seen, this chart is to help me see overall snapshot of what to expect over the next few months. Squares indicate cycles of Bull/Bear/Sideways