Range between 4000$ - 7500$ till December 2020?
Volatility decreases since 30 months, downtrend since the last bullrun (end of 2017), lower highs, but not lower lows. 2 scenarios:
- break up the purple line = uptrend or bullrun if we have a lot of volume.
- break down the blue line: bear market and targets will be 3000$, 1000$, big bounce at this level and a bullrun to 20K$.
Volatility decreases since 30 months, downtrend since the last bullrun (end of 2017), lower highs, but not lower lows. 2 scenarios:
- break up the purple line = uptrend or bullrun if we have a lot of volume.
- break down the blue line: bear market and targets will be 3000$, 1000$, big bounce at this level and a bullrun to 20K$.