The target of current bubble lays between $40k and $110k

BITSTAMP:BTCUSD   Bitcoin / Dollar
218631 166 728
I definately see correlation in wave structure between 2013th bubble and a current. This is update of "Long term Bitcoin             price extrapolation" posted 7 Oct 2016.

Many time past since then. And log scaled trends grew a lot.

You can see some historical trends here. The lowest defines "Normal growth" and price is currently inside it. The upper ones defines "mid and super grow". Once price enters them it will start drammatical growth due deflational Bitcoin             nature.

Corelations I see between 2013 and current bubbles marked by circles. So taking into account that correlations I announce drammatical price rise from approximately $40,000 USD in quick and pessimistic version to more than $100,000 USD and prolonged optimistic version.

Deadline for this action is till 2019.
awesome :)
the prophecy and the chosen one shall return from the belly of the whale!
Any professional traders to give some insight on whether we can still believe the end of 2018 still looks promising this way? We -which means average joes who blindly and stupidly bought in around 17k- are dying out here for this to happen EOY :)
+1 Antworten
Here is a possible update to this idea..if it fails to rebound:

+2 Antworten
Well, there's definitely a bounce from the bottom of the channel, this confirms the lines are very well drawn in this chart... let's see if it holds.
+2 Antworten
The moment of truth. Will it bounce off the inner trend line as projected. If not, it is heading for the outer trend line.
+6 Antworten
almost 200k at what point will it become a self fulfilling prophecy?
+1 Antworten
If it bounces here, this guy is a trading GOD...
+11 Antworten
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