Bitcoin long term projection

History will repeate it self.

Before I continue, lets focus at 2014 bubble phases.
At 2014 bubble start and force bitcoin down to 87% with falling wedge pattern.
And after falling wedge break up, we can see meanline re-touch again.
That is end of bubble phases, and bitcoin need 563 days to finish it.
After meanline retest, resistance break up around 259 days at cyclic 3 fibonacci timezone,
and bullish continue.

At today analysis (right chart)
falling wedge already breakup, and meanline also touch again.
If we calculate from fibonacci timezone, we have 334 days to reach resistance at $20,000 at cyclic 3 fibonacci timezone.

are bitcoin will rise again?


Note : to understand more about this analysis, or to learn step by step about this chart, please check our video analysis.