Desperate 'analysts' are trying to convince, first themselves, then the readers, that this is not what happened in 2017-2018. That the bull run is not over. The weird thing is that things unfold exactly as happened back then. Here is the chart that will help you understand, what happened back then, and what is coming this year.

The first peak you see, is the then ATH (all-time-high), close to $20,000, on December 17th. 5 days later the first phase of the crash closes at $13,000 (or 35% lower). The next day there was a correction up to $15,500 and everyone expects the bull run to continue (but no one is buying). On Christmas Eve, Bitcoin returns to $13,000, and on December 27th, price goes up to $16,500, but can't hold. On December 30th price drops again down to $13,000.

Now, everyone believes that the $13,000 resistance line is holding (triple hit), and start buying. With fresh cash from the $13,000 confidence line, price climbs - with some corrections (real corrections, not what the 'analysts' call as corrections) up to $17,500 (twice) on January 7th. But double top is not a good sign, and price starts falling again. By January 11th, price is back at $13,000, and after a brief rebound two days later to $14,500, starts falling sharply down to $9,500 (or just over 50% lower from ATH) on January 17th. Within one month the market went from heaven to hell.

But that was just the beginning.

The last remaining enthusiasts, tried to push prices higher, but without enough liquidity and anticipation of profit, they abandoned hope just three days later, on January 20th - $100 short from the $13,000 mark, that was only a few days earlier believed to be the stronghold of the coin. From there, prices started going down again.

On January 23rd, the $10,000 line seemed to hold, and another attempt to push the prices higher started. 5 days later, nobody was buying above $12,000. Market goes in free-fall. On February 7th, the monitors show $6,300 - 66% lower from the ATH less than two months earlier.

Two fresh attempts to push the price higher hit the $12,000 wall on February 20th and March 6th. From there prices started a painful long decline that lasted for the rest of 2018, bringing the price down to $3,200 (or 85% lower) on December 15th - one year from the then ATH.

Hopefully, this helps you understand what you have to deal with.