What is Bitcoin's true price at any given time? I don't know, and I don't have a crystal ball. But the price action in this chart may be giving us a hint as to where it might head in the foreseeable future, barring some catastrophic event. TradingShot and I talked about this earlier after his great post on the fair price range.
This chart shows the parabolic trend curve. The line has been interpreted slightly differently but I think I've got it drawn very well here. It helps make money and these things are kind of elastic anyway. Anyway, wherever this parabolic adoption curve is that's the price around that time (give or take). This is meant to be only illustrative and revealing of a very strong trend. The strongest trend in all of crypto is Bitcoin's curve.
If Bitcoin continues its parabolic 10 year growth trend then one Bitcoin very well might be sold for a million dollars by the end of this decade. For a 10K investment right now. Insane. Worth a shot? I've studied parabolic growth trends for 20 years. I know what they look like. It's not rocket science what happens here. 10K for a moonshot? At my age? Sure! I always dreamed of being an astronaut. We'll see how the cryptocurrency wars play out!!! It's gonna be BRUTAL this cycle! It's gonna be LIT!
Not investment advice.
Peace, Love, & Crypto,
B166ER
This chart shows the parabolic trend curve. The line has been interpreted slightly differently but I think I've got it drawn very well here. It helps make money and these things are kind of elastic anyway. Anyway, wherever this parabolic adoption curve is that's the price around that time (give or take). This is meant to be only illustrative and revealing of a very strong trend. The strongest trend in all of crypto is Bitcoin's curve.
If Bitcoin continues its parabolic 10 year growth trend then one Bitcoin very well might be sold for a million dollars by the end of this decade. For a 10K investment right now. Insane. Worth a shot? I've studied parabolic growth trends for 20 years. I know what they look like. It's not rocket science what happens here. 10K for a moonshot? At my age? Sure! I always dreamed of being an astronaut. We'll see how the cryptocurrency wars play out!!! It's gonna be BRUTAL this cycle! It's gonna be LIT!
Not investment advice.
Peace, Love, & Crypto,
B166ER
"You didn't come here to make a choice, you've already made it. You're here to try to understand why you made it."
―The Oracle
―The Oracle
