Mathematically it is possible, it is an exponential grow, but any exponential grow end in infinity...
Bitcoin seems don't care an going into infinity
Since 2015 it grown from $150 till $10 000 - till now 6500% or 65 times.
If the exponential grow trend remains, it will reach 50 000 in two Months February 2018.
I don't know what will happen after but 50 000 in 2 Months is mathematical turning point, then there could be a BIG BANG Pada BUM and turnover as of infinite amount of money could not exist...
Bitcoin seems don't care an going into infinity
Since 2015 it grown from $150 till $10 000 - till now 6500% or 65 times.
If the exponential grow trend remains, it will reach 50 000 in two Months February 2018.
I don't know what will happen after but 50 000 in 2 Months is mathematical turning point, then there could be a BIG BANG Pada BUM and turnover as of infinite amount of money could not exist...
Trade active
The channel break could result to earlier crush already around Chrismass.
Most possibly not a merry but SCARY Christmas is on horizon
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.