Wolfstorm

My previous analysis with the current situation

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BITFINEX:BTCUSD   Bitcoin
Market situation in light of my previous analysis. I changed the red lines to yellow, for better view. The three blue arrows I inserted now, and indicates possible volatility between the yellow and ciano lines. The ciano lines shows the tug of war between the bullish and bearish trends which started at January 2017 and December 2017, respectively. The recent lows tried to break the ciano low line by the end of May. Its possible the highs breaks out of the ciano high line by the second half of July, and in this case, a new bull run will start. The lows, however, cant go any lower, unless we have intensive market manipulation, and even in that case, it would not last.
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