If we wouldn't be too critical to numbers, then considering similar periods for the bear- and bull-markets of bitcoin and assuming the next ATH will be ATH2017/ATH2013*CurrentPrice, we will have the current bear-market end in Nov. 2019 and the new ATH in Dec. 2021 at $120k. Sad.
It would also imply that the bottom is not set, and the new ATH will be lower than 120k.
But regardless of how discouraging it is to wait for so long, the only thing it will damage is our illusions and expectation.
Also, it would be a nice surprise, if things will play out nicer.
But it is funny how the end of the bear-market point fits the non-linear envelope-function based on the lows.
Not a financial advice.
It would also imply that the bottom is not set, and the new ATH will be lower than 120k.
But regardless of how discouraging it is to wait for so long, the only thing it will damage is our illusions and expectation.
Also, it would be a nice surprise, if things will play out nicer.
But it is funny how the end of the bear-market point fits the non-linear envelope-function based on the lows.
Not a financial advice.