System_T

Bitcoin could take 1-1.5 more years until the next bull run

Short
System_T Updated   
BITSTAMP:BTCUSD   Bitcoin
The 1st Bull: 2 years (Nov 11 - Nov 13)
The 1st Bear: 2 years (Nov 13 - Oct 15)

The 2nd Bull: 2 years (Nov 15 - Dec 17)
The 2nd Bear: 2 years (Dec 17 - Dec 19)

Bottom will be reached around May 19.
Next bull run will start around Nov 19 - May 20.

- Price Target 1: $5000
- Price Target 2: $3000
- Price Target 3: $2000
Comment:
Target 1 $5000 Reached.
Comment:
Target $3000 almost Reached.
Comment:
Bottoming Process Begins.
Comment:
Trend reversed from Bearish to Bullish mode. Expects a period of side-way consolidation and ... Moon!
Comment:
Consolidation mode: 1-3 months

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