Here's An Idea...Actual Trend Support is Much Lower...

١٤ أبريل ٢٠٢٠

There is a trend line support initiated on the 24th August 2015 that was last touched on 1st August 2016 (approximately 2 month after last halving). I have extrapolated it on the chart. The assumption that we wont go lower than 3100 may be false making the run from 2018 and more recently in january...just attempts to reboot the bull run lost....Personally, the global economic depression that is coming provides the perfect scenario and we can all see it will also provide the mechanism for capitulation phase of the bear market. From this point we will see many ups and down for some time to come as the planet recovers shatterred economies and interest in crypto which, being very low on most peoples list of importance right now, starts to build adoption in the wider population. Innovation being the key to future success, the crypto world should be well placed to grasp the opportunities that building from the bottom will provide.
Good luck to all.