I compared the first bubble (using old MTGOX Data) and included it into the current chart. Red displays the time neeced till we hit the lowest point after a bubble. Green says how much time was needed till we hit the local maximum twice after the low of the bubble(so called double bottom). blue-gray shows the time needed till we recovered completely and went past the old ath.
I first identified the scheme on the first measurable bubble. I could confirm a more or less ~ 1/3 per timeframe value.
With that Knowledge i assumed that with hitting the last 275 line we have found the current bubbles low.
This leads me to the conclusion that it will atleast take till August 2015 till we got a double bottom inside the bubble(green), which then can be the start of a new bull phase. At around June 2016 we will hit again the last ATH.
Due to noise of the captured signals and natural influence the given dates have a tolerance of +-3 months. If we also create a new low, the cycle will be even longer.
Lets watch August 2015(~600) and June 2016(last ATH).
I first identified the scheme on the first measurable bubble. I could confirm a more or less ~ 1/3 per timeframe value.
With that Knowledge i assumed that with hitting the last 275 line we have found the current bubbles low.
This leads me to the conclusion that it will atleast take till August 2015 till we got a double bottom inside the bubble(green), which then can be the start of a new bull phase. At around June 2016 we will hit again the last ATH.
Due to noise of the captured signals and natural influence the given dates have a tolerance of +-3 months. If we also create a new low, the cycle will be even longer.
Lets watch August 2015(~600) and June 2016(last ATH).