BTC Descending Triangle Analysis comparing the 2014 with 2018.

BTC Descending Triangle Analysis comparison from 2014 to 2018.

Scenarios, same as the 2014 descending triangle broke from $275 down to $150 dollars, this will give us a scenario where breaking the triangle at around $6000-$5400 level will bring us down to $3000 dolls, being that price the lowest of this bear market, then a period of accumulation between $4000 to $5000, end of year 2018 shows the end of the descending triangle at $4800, where BTC should met the price range at around $4800 after a failure to break the $6000 dolls.

- BTC could break the descending triangle, causing panic and giving us a capitulation down to $3000 dolls. (end of bear market)
- Quick recovery after that capitulation back to $4800, accumulation period until end of year with a possible try to break $6000
- Failing to break the $6000, will cause panic, giving us the retest at $4800-$5000 area (that's where BTC price meets the end of the descending triangle)
-Possible extension of the accumulation period until Q1-Q2 of 2019, however lowest BTC price during the bear market could be the $3000 dolls range. .