But it never lasts that long. Unless this really is the end of crypto this time - we've all heard that one before.
This is just a rough little sketch on the zoomed out weekly (log scale), Apart from the Mt Gox prolonged bear market, with some big bear flags in that period, it's just a series of bull flags.
We're about 14 weeks into this bear market now, at some point (probably soon going on what history tells us) there's be a bounce out of our current huge into the next part of BTC and crypto's journey.
I'm a long term bull on blockchain, distributed ledger and new money. But I also see BTC being overtaken or left behind in one of these big cycles soon, maybe even this one. Fascinated to see how it all plays out.