BTC price has bounced from the main channel - a new major rally?

12. Apr. 2018

Today the BTC price has clearly bounced from the main channel. If the price will hold, it means that we're not entering the main channel after all - yet! So, if we're not going down, then we're going up. :-) Some alts have already rallied recently, so why wouldn't Bitcoin. To see what we can expect, I've drawn a fractal of the two peaks from April and November 2013. The difference between the two peaks at that time was 350%. Perhaps we can expect something similar this time. However, let's first receive some confirmation that we have indeed reached the bottom for the time being.