Potential bitcoin bottom date: May 27, 2016
According to time fibs and time cycles calculations, the *true* bottom of the bitcoin downtrend should occur on May 27, 2016 (in 1 year from now).
This date is a 1.618 time fib off the recent first big cycle of growth. Also internal time fibs structure of the downtrend fits this date very well (local highs and lows occur on internal time fibs very often).
It also fits the 233-day cycles (the lower chart).
This date is a 1.618 time fib off the recent first big cycle of growth. Also internal time fibs structure of the downtrend fits this date very well (local highs and lows occur on internal time fibs very often).
It also fits the 233-day cycles (the lower chart).
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