I copied the fractal of the 2011 bubble and roughly scaled the speed to match our bubble. It would put a bottom in January 2020.
I was thinking.
Why would we bottom earlier than the 2014 bear market? Wouldn't it be more logic that the cycles take longer now? More money is involved. The 2011 bear market took half a year, The 2014 bear market took roughly a year, so may be this bear market could take over 2+ years.. Who knows..
2011
2018
I was thinking.
Why would we bottom earlier than the 2014 bear market? Wouldn't it be more logic that the cycles take longer now? More money is involved. The 2011 bear market took half a year, The 2014 bear market took roughly a year, so may be this bear market could take over 2+ years.. Who knows..
2011
2018
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Rough guess on how this could play out back to ATH.. may be around 2023
