aamonkey

Realistic BTC Bullrun Target

aamonkey Updated   
BNC:BLX   Bitcoin Liquid Index
Based on miner difficulty this could be a realistic target for the next bullrun.



Comment:
Looks crazy on with the regular scale, but not so crazy with the log scale:

Comment:
Keep in mind that the lines will rise with the price.

The longer it takes the higher the red line can climb.

Comment:
The last time the red line climb another 600%

Comment:
Again how absurd it looks on the regular

Comment:
Comment:
We are very much on track
Comment:
We pretty much hit my prediction from back in May (59,305.57). Since then the red band has slightly increased as well (it is now at 69,452.41). The upper purple band is now roughly at 200k. Again these numbers can increase if we now have some sideways/pullback action.

Comment:
We now tagged the red band twice.
Comment:
The purple band is now at 198,819.59 and the first green band at 7,123.83. Both still increasing.
Comment:
Check out the new idea to get an update on the current situation
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.