According to this "Fast Scenario" Bitcoin may fall all the way Down to 3K by the End of May. Then Hover around 4K during Summer and Start Mooning again from September onwards.
Explanation:
We can recognize approximately the same magnitude of movement in the downward moves since the 2013 ATH, compared to those after the ATH of 2017.
As the chart shows, this time however, the movements of 2018 are much faster than those of 2014. The descending channel is much steeper.
The ratio's tend to be around the 1.7, from one level to the other.
For the last Bear Run, this means 19666 / 1.7 / 1.7 / 1.7 = 4K.
This should be the ideal moment to step in or buy back Bitcoin.
If this fast pace keeps on going, we're not looking at a 4-year cycle like that of 2013-2017, but at a much shorter cycle. This could mean Bitcoin bouncing up much faster and reaching 200-300K by the End of Next Year.
