Bitcoin Fibo and Time- A bit messy graph.
- Some peoples will get it and some not.
- in matter of time and fibo analysis.
- More will BTC take time to go up.
- More BTC price will go higher.
- in simple words, if u compare the 2015 bullrun and 2018 :
- 2015 was 1055 days ( around..)
- 2018 was 820 Days ( excluding the bouble top)
- Nothing much to deduct from that, but 2 scenarios are still possible :
- 100 000$ is not enough (161.8 FIbo), i still persist on that one, so not a scenario imo.
- 150k$ (261.8 Fibo) possible if BTC goes fast. ( same as 2018).
- 200k$ (361.8 fibo ) or 250k$ (423.6 Fibo ) are both possible if BTC goes slow. (same as 2015 )
- i still believe that " more Bitcoin will take time to go up, more the price will go higher "
- Don't forget this is only TA, not FA, not Economic or World Situation.
- Feel free to share with me your view.
Happy Tr4Ding !