ShortThePlanet
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Potential bitcoin bottom date: May 27, 2016

BITSTAMP:BTCUSD   Bitcoin / Dollar
1138 4 11
According to time fibs and time cycles calculations, the *true* bottom of the bitcoin downtrend should occur on May 27, 2016 (in 1 year from now).

This date is a 1.618 time fib off the recent first big cycle of growth. Also internal time fibs structure of the downtrend fits this date very well ( local             highs and lows occur on internal time fibs very often).

It also fits the 233-day cycles (the lower chart).
More analysis on http://www.financialtrader.org
I have calculated January 2016.
+1 Reply
what did u use as the big bang date and what price?

is it the 10k btc for the $20 pizzas?
Reply
or maybe its january 2009 when btc first came out
Reply
Pherousa yomofoV
I think I used some low from 2010 from BTC China. But with the current uptrend it could be that 900 CNY on BTC China was the long-term low.
Reply
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