nutman
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since Nov 4, 2016
bitcoin
chartpattern
fibonacci
macro
supportandresistance
trendanalysis
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Bitcoin Macro Trend Chart with future price predictions
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The only Bitcoin chart you need to know
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Based on the fact that the price appreciation between halving events gets 50% smaller each time, I predict the next bull market will take BTC to $140-150k. After the next halving will see a bull run taking BTC to ~ $500k.
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As you can see the red trend lines are all parallel and touch many points along the price line. Does this indicate the true value increase of BTC over time (once you remove all the noise (peaks and troughs))? Horizontal lines obviously display horizontal resistance levels. I used this to predict that the price had bottomed. I then used this method against the last...
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