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You23
Oct 4, 2018 2:59 PM

Bitcoin - End of Bear Scenario (current price $6.5k) 

Bitcoin / DollarBitfinex

Description

According to this chart the bottom is in.

2019 will be a sideways year of accumulation and slower growth relative to 2017 but with a greater upward trajectory as compared to 2018.

In 2020 the block reward halving and continued interest from institutional investors will have us break out of 20k resistance into new uncharted waters.

Comment

Breakout to 7k

Comment

Breakdown!

Comment

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Comments
elshanti
Even more optimistic scenraio
frupreneur
I AGREE!
MateKristof
HereToLickEro23sNuts
What does "Breakdown!" mean?
VaidoVeek
Hello!
Actually, BTC has a pretty good line-up to break above the trendline which works currently as a resistance!


All the best!
HereToLickEro23sNuts
@Ero23 why are the GOAT?
You23
HereToLickEro23sNuts
@Ero23, You* the GOAT

G O A T = GREATEST OF ALL TIME
damdamm
Next year of boredom ? ( whole 2019 ? )

One year correction is not enough :) ?
You23
@damdamm, Well, if you follow the top channel of the hypothetical scenario above, one could expect prices as high as 11k in Nov'18 and nearly 20k by july 2019. Not exactly boring IMO
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