The chart aligns with a perfect timing for:
1) General public has been demolished and demoralized. Everyone that is still hasn't realized altcoins are dead are about to.
2) Huge updates coming for Bitcoin, start reading on this for instance:
https://arxiv.org/abs/1905.105183) Halving comes at the right time
4) OTC options like Bakkt are ready for boomers and computer illiterates which want exposure to Bitcoin but have no resources to keep their own
How much are you buying monthly?
1. Altcoins do not have to die for Bitcoin to begin a movement with an upward direction. On the other hand, shitcoins are dying regardless of the overall condition of the market.
2. Halving is going to take place next year. The hype around it as well as that which is built around the Bakkt launching were already present when the massive price drop happened several days ago.
3. I therefore conclude that the possibilities of where the next line goes are varied and uncertain as always.