jagottsicher

BTCUSD brief idea about Bitcoin's future on a logarithmic scale

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The idea is that people always behave the same way confronted with similar circumstands.

So a look on a log scale for BTCUSD exposes a 85% capitulation after the last All Times Hight (ATH). Assuming that we reached the bottom and people will react like they did before but with bigger volume , it can be expected that the next High needs some time to develop.

Time will show ...

I am interested in any comment. Feel free to ask any question.

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