BTC Entire History Fibonacci

A Fibonacci Channel was laid over the entire history of Bitcoin (2011 to present). The bull runs and bear runs perfectly tap against various fib levels. After the recent jump to 0.5 ($13,800) we are declining and heading towards the 0.382. For the bulls this is bad news, as 0.382 is around $6800. For you bears out there... congratulations! After it taps against eh 0.382 support I suspect it will again skyrocket to a higher fib level.

On the chart there is a slightly curving white line, that is a roughly logarithmic regression. As Bitcoin has grown logarithmically, I feel it is appropriately to show the price will begin to flatline in the coming years, instead of shooting straight into space... Using the Log regression and the fib channel, it seems as though the price could hit the 0.5 or 0.682 level in 2021-2022.

This would put the price of Bitcoin in Low Earth Orbit between $50,000 - $150,000 within the next few years. Now, I'm assuming the bull run will send Bitcoin above the Log regression, as the last two have. But it terms of long term stability (tracking the log regression), the price is eventually pulled back onto the line. Bull runs and bear runs may diverge from the line, but it tends to make its way back over time.

No specific predictions are to be made, as this chart is on such a grand scale, with so many variables unaccounted for. Do with this information as you please.