To put it simply when the blue line crosses the red line the bear market is officially over and as you can see its still a long way to go. In my opinion bear market will last another year and we will see the end of it early 2020. I think we will have one last drop and see bitcoin touch 2500 area as the lowest point and stay in the 2500-3500 range before starting a new bull cycle.
註釋
Update: As we can see on this updated chart the Bull market was rejected.Bear market may last longer than expected.
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