I decided to smoke a little crack and play with this chart. Anyone else have the same tinfoil hat on? While I do not think the bottom is in yet because I think each market cycle in Bitcoin will take longer to turn around than the last with more players involved and if that's the case things have been happening too fast. Of course the short positions on Bitmex...
Key events from Bitcoin's history, most of which likely had a significant impact on it's value.
Key events in Bitcoin's history, most of which likely had a significant impact on Bitcoin's value over time.
According to this, if Bitcoin continues to follow this trend, I wouldn't think we could expect to be in a bull market until well into 2020.