Seeing the future via the BTC/USD chart -part2:The Real Bull Run
Updated
Here is an update from my last post (check "Link to Related Idea" at the bottom) from February 2019, with a corrected curve : now, I copy-pasted correctly the exact curve from December 2013 to February 2019, instead of drawing it with my hand. So, the projected graph in light blue is now 100% accurate.
-As I said in my previous post:
"If we use a logarithmic chart to examine the evolution of Bitcoin in time, we can see that what happened on December 2017 (All Time High) happened before, on December 2013.
What is happening now (depression) {sic: February 2019} happened before, between December 2013 and January 2015".
-Why copy-paste a graph and project it in the future?
Because, as I said in my previous post: "In economics, we must know and read history, because history makes cycles, tending to repeat itself".
-Why use a logarithmic chart?
Because, it help us see that Bitcoin seems to be moving in time in an ascending channel, with probably predictable "highs" and "lows".
In my opinion, we are NOT already on a bull run, even if in the last few days Bitcoin touched (and even passed) several times the 8000 US$ barrier. It seems that investors that lost their money during 2018 are actually trying to take their money back.
If I am right, we might first see a BTC fall, and then, by the last quarter of 2019 we will have the "Real Bull Run". So, IF in the next few days you see the BTC price falling really down to 6500 USD (or even lower), keep calm and accumulate at the bottom.
Then prepare for a "Golden Period" that will last from the last quarter of 2019 until January 2022: prices could touch more than 150000 USD.
(Will US$ be menaced then? In my -radical- opinion, if BTC price passes 100000 USD it will be the final countdown for all FIAT currencies in our world).
* If you win good money with my help and wish to offer me a beer, you can donate me some (fractions of) BTC !
BTC: 1BoZCLAoS26wAQPd75WixojoupW1mB4e3b
-As I said in my previous post:
"If we use a logarithmic chart to examine the evolution of Bitcoin in time, we can see that what happened on December 2017 (All Time High) happened before, on December 2013.
What is happening now (depression) {sic: February 2019} happened before, between December 2013 and January 2015".
-Why copy-paste a graph and project it in the future?
Because, as I said in my previous post: "In economics, we must know and read history, because history makes cycles, tending to repeat itself".
-Why use a logarithmic chart?
Because, it help us see that Bitcoin seems to be moving in time in an ascending channel, with probably predictable "highs" and "lows".
In my opinion, we are NOT already on a bull run, even if in the last few days Bitcoin touched (and even passed) several times the 8000 US$ barrier. It seems that investors that lost their money during 2018 are actually trying to take their money back.
If I am right, we might first see a BTC fall, and then, by the last quarter of 2019 we will have the "Real Bull Run". So, IF in the next few days you see the BTC price falling really down to 6500 USD (or even lower), keep calm and accumulate at the bottom.
Then prepare for a "Golden Period" that will last from the last quarter of 2019 until January 2022: prices could touch more than 150000 USD.
(Will US$ be menaced then? In my -radical- opinion, if BTC price passes 100000 USD it will be the final countdown for all FIAT currencies in our world).
* If you win good money with my help and wish to offer me a beer, you can donate me some (fractions of) BTC !
BTC: 1BoZCLAoS26wAQPd75WixojoupW1mB4e3b
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Bitcoin struggles to pass 8000 USD. Now it is at 7800 USD.Trade active
Bitcoin keeps going down, today it touched 7500 USD.Trade active
Big fall at this moment for Bitcoin. The breaks are broken as we are now encountering a free fall from 8600 USD to 7600 USD.
The stop-loss order cascade seems to exaggerate this massive reaction.
prnt.sc/nxlao2
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BTC trading at about 7600 USD, it touched 7500 USD some hours ago.Trade active
I think that BTC will go to 7000 USD, or even lower. In this case all cryptomarket will follow the down trend. Personally, in this scenario I will transform in FIAT money (or USDT) a big part of my portfolio, so that I can reinvest it later when crypto enters again in a new up trend.
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The Bull Run already started. Prepare for 2 years of BTC and alts growth!Trade active
Bitcoin at 21000$ ... the curve seems to predict well the future!Trade active
Bitcoin at 37000$ !
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