BTC bottoming and in consolidation until SEP 2019
Based on -77.7% retracement
14 month negative momentum profile from 2014:
Based on the length of time the negative momentum persisted in 2014-2015. Extrapolated forward to the time momentum first went negative on 25 June 2018, + 14 months = ~September 2019. Just gives an idea of how long the consolidation might last. Not a prediction or guaranteed to happen.
- 2218 bottom
- 1452 alternative bottom
- Consolidation timeline: July 2018--SEP 2019
14 month negative momentum profile from 2014:
Based on the length of time the negative momentum persisted in 2014-2015. Extrapolated forward to the time momentum first went negative on 25 June 2018, + 14 months = ~September 2019. Just gives an idea of how long the consolidation might last. Not a prediction or guaranteed to happen.
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