DropDead_Fed

Dec 9 bitcoin (BTC) Parabolic Bubble Run forecast w/2013 data

Long
BITSTAMP:BTCUSD   Bitcoin
Forecasting up to 35k by Jan 24 after a turbulent ride up.
Expect correction soon down to daily 50 MA (moving average) before next leg up.

I believe my research is in line with historic data and projections.

However, we have entered the start of the s-curve (early majority) so the blue value channel may steepen during ascent in the next couple years above the traditional 300% yearly appreciation.

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.