Let E/Q be an elliptic curve, p a prime and K∞/K the anticyclotomic Zp-extension of a quadratic imaginary field K satisfying the Heegner hypothesis. In this paper we make a conjecture about the fine Selmer group over K∞. We also make a conjecture about the structure of the module of Heegner points in E(Kp ∞ )/p where Kp ∞ is the union of the completions of the fields Kn at a prime of K∞ above p. We prove that these conjectures are equivalent. When E has supersingular reduction at p we also show that these conjectures are equivalent to the conjecture in our earlier work. Assuming these conjectures when E has supersingular reduction at p, we prove various results about the structure of the Selmer group over K∞.