Bitcoin to trendline from $5800 to $100000 (100K). This is longterm chart for the bitcoin.
Bitcoin history:
Bitcoin moved from $0.50 to $1000. the correction takes almost 637 days. In the next cycle X to Y bitcoin moved to its all time high 19400 on Jan 2018. The correction period from X-Y is settling at 336 days, half of the last correction.
Next Cycle (Road to $100000). The clear view is adoption of bitcoin will increase to 5 % population and bitcoin again hit to all time high (look at A to B). Possible Time (2021)
Furthermore the the correction cycle will reduce between 140 to 150 day.
The Red Arrow: $ 500,000 to $800,000 : Bitcoin will the top market cap with over 9 trillion. (Possible time 2027)
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Bitcoin on working
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As i mention my earlier Nasdaq history bitcoin can go $3700 and in worst case $2800.
Only One advice. Crypto Trading is game of patience. Holding bitcoin long can increase your net worth.