MannerCookie

BITCOIN scenarios next 2 years mmm...

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Was looking at the COINBASE chart from this thread

https://twitter.com/MannerCookie/status/...

Visualized some scenarios I could see playing out over the next 2 years.

I Believe we will continue to see excitement and volatility die down as we either dip lower and eventually bottom out or establish the bottom here.

Either we range in the 3-5k range or 6-8k range.

While regulatory clean-up takes place and more institutional friendly infrastructures start to come online and establish themselves.

If get this far without technical issues, I believe BITCOIN will break previous All Time High.

However, I also see the possibility that BITCOIN fails and it just becomes more or less what it was in 2015-2016 bear market.

A way to transfer value over the internet with a cult like following and some cool math solving equations except now it's under heavy surveillance.

Oct 16
Comment:

updated
This is not TA. This is your prediction and opinion.
Reply
@Elicrypto, sure it's just some lines I drew tbh
+1 Reply
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