$BTC long term forecast: Moon in 2020

It looks like, on log base chart, the price can still go down to $3k-$4k range, which will be the D wave. The fib levels show $4,384 can be the support level. Moreover, the bearish mode may continue until August 2018.

Then, E wave can start. I do not know how it can extend but I am sure we will see new ATHs.

P.s. the previous rally started on August 2015.

Kommentera:

New info: if there is a 5th wave extention , the main correction can go as low as to the end of 2nd wave.

In this can, $20k was the end of the 5th ext wave, which means $3-4k range can still be the bottom.