November 2017, $5550
February 2018, $5920
April 2018 (likely base bottom), $6427
I like how despite the massive jump last year, which started from levels below $1000, the bottom months later was severely higher than that. It's a gap of $4500 that the market filled in less than 10 months, which is pretty impressive. It's definitely the result of new investors hopping in, where if we focus on the other bottoms, the growth booked is almost in consistent steps of 7%. Past events are not guaranteed to happen in the future, but if we add another 7% then the next bottom hints at sub $7000 levels still, but wouldn't be surprised to see it be higher than that, especially so if there are bullish events backing up a higher increase, and thus likely a higher average bottom.