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BITCOIN What will be the Rate of Return on this bull cycle?

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
Traders and investors are looking for the highest possible rate of return when trading Bitcoin , especially after a better than expected start in 2019 to the new bull market.

I tried to estimate the expected Rate of Return on the current bull cycle based on BTC's historical logarithmic curve.

It is easy to realize at first glance that every cycle (market bottom to new All Time High) was roughly -20% from the previous one:

2010/2011: +319000% with new High at 31.91.

2011/2013: +62308.04% with new High at 1241.92. -19.53% from previous cycle.

2015/2017: +12533.11% with new High at 19870.62. -20.11% from previous cycle.

So based on the above rate (-20%) the expected Rate of Return for the 2018/TBD bull cycle will be +2506.60% with a new High at $82600.


What becomes more than clear with this simple analysis is that there is still an extreme level of potential profit to be made (almost 10 times more than the current price level). It is not to late for long term investors to join the new bull market as we have only (!!) covered +262.83% of returns since December's 3169.53 market bottom.
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Comments

After 7800 bullish hidden div spotted perfectly on 1,2d chart 2 weeks ago now its time for classic bearish div on daily confirming rally pause at 12/12500 area in a matter of few days
but at same time this is going to be a healthy correction not a crash like everyone calling and the bullish trend will resume in only one condition which is not breaking 10600/11000 area must stand for reversal by all means. I hope this helps.

+3 Reply
@Jocoin, Thanks for sharing!
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@Jocoin, That divergence still didnt happen. It can be like in your chart. On the other way it can be new higher high. Watching google trends now..
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Jocoin ExpertiserTechnology_VJ2Tech
@ExpertiserTechnology_VJ2Tech, Sure anything can happen but i dont think so. We will find out next days. Thanks for your opinion.
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Jocoin ExpertiserTechnology_VJ2Tech
@ExpertiserTechnology_VJ2Tech, Dump happened exactly after few hrs to exact area i was expecting
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@Jocoin, You predicted well. I just said that you draw lines before. But excellent job!
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Jocoin ExpertiserTechnology_VJ2Tech
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@Jocoin, What do you think will be next ? Chance for long ? Short more ? as you did good job, it will be good to see your opinion now. Thanks VJ2
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Jocoin ExpertiserTechnology_VJ2Tech
@ExpertiserTechnology_VJ2Tech, My pleasure i only hope sharing my view become helpful for the community
you are welcome to see my last update:
+1 Reply
About 90–95% of the traders /investors CONSISTENTLY lose money on #Crypto Market either in a bull or bear market. This is a well-known and publicized statistic.And it’s true!



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