There are 4 long term indicators lining up around Feb 17th 2019 indicating that we could be seeing the end of the bear trend around $3000
1.(RED INDICATOR - Schiff pitchfork ) Long term pitchfork starting the trend from back in 2011
2. (GREEN INDICATOR - 1600 day moving average) which acted as support twice and was the bottom of the previous bear trend whether you consider January or August 2015 the bottom. (This can be confirmed looking at the BLX chart to get more data)
3. (BLACK INDICATOR - Support/Resistance ) $2967 acted as support or resistance 3 times in 2017
4. (BLUE INDICATOR - Cyclic Lines) Roughly 62 days between the bottom of each short term cycle.
1.(RED INDICATOR - Schiff pitchfork ) Long term pitchfork starting the trend from back in 2011
2. (GREEN INDICATOR - 1600 day moving average) which acted as support twice and was the bottom of the previous bear trend whether you consider January or August 2015 the bottom. (This can be confirmed looking at the BLX chart to get more data)
3. (BLACK INDICATOR - Support/Resistance ) $2967 acted as support or resistance 3 times in 2017
4. (BLUE INDICATOR - Cyclic Lines) Roughly 62 days between the bottom of each short term cycle.