Strength of Bull Market top:
1. Relative to pitch fork, will be subdued % wise (like the logarithmic charts seen previously: www.google.com/search?q=bitcoin+...);
2. pink trend line; and
3. Run up to 17.0 Fibonacci extension.
Accumulation Phase to turn into Bull Market with respect to Halving Dates.
1st Halving
- Bull Run started 51 weeks prior
- Bull Run: 104 Weeks
- Bear Run: 98 Weeks
2nd Halving
- Bull Run started 39 weeks prior
- Bull Run: 112 Weeks
- Bear Run: ~100 Weeks
End between June-Nov 2019???
3rd Halving
- Bull Run to start (Average 40 weeks prior) = June 17th, 2019
- Bull Run: ~108 Weeks; Ends July 12th, 2021
- Next Bull Run Target Price: USD$200,000- $300,000
Market Cap of Bitcoin will be: 3.7-5.5 Trillion (Gold ~7-8 Trillion)
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Strength of Bull Market top:
1. Relative to pitch fork, will be subdued % wise (like the logarithmic charts seen previously: www.google.com/search?q=bitcoin+...);
2. pink trend line; and
3. Run up to 17.0 Fibonacci extension.
Accumulation Phase to turn into Bull Market with respect to Halving Dates.
1st Halving
- Bull Run started 51 weeks prior
- Bull Run: 104 Weeks
- Bear Run: 98 Weeks
2nd Halving
- Bull Run started 39 weeks prior
- Bull Run: 112 Weeks
- Bear Run: ~100 Weeks
End between June-Nov 2019???
3rd Halving
- Bull Run to start (Average 40 weeks prior) = June 17th, 2019
- Bull Run: ~108 Weeks; Ends July 12th, 2021
- Next Bull Run Target Price: USD$200,000- $300,000
Market Cap of Bitcoin will be: 3.7-5.5 Trillion (Gold ~7-8 Trillion)