Prediction presentations are similar to coffee fortune. I don't normally share a template shape like this in any way. But I have seen logarithmic curves drawn symmetrically just to make the eye look nice, and I disagree with any of them.That's bullshit! This is my logarithmic curve bands that I found true. I do not believe in any predictions except macroeconomic predictions. But I believe that by 2020, Bitcoin will reach 2000 levels. I'il tell you the main reason if this forecast keeps it.
This is just my little bet: 2020 levels will be seen in 2020.
Note : This estimate was shared more as a criticism than the 2000 levels forecast. I will never share a template like this again because it has no value. No one is meant,including me . I will collect and write all of them in an educational idea. Only the fact that these kinds of things make premiums can make us overlook the real things !
I don't profess to be a technical analysis expert, but shouldn't your upper and lower trend lines at least attempt to make contact more than 2 times?? I do however agree with you that *this* ^ type of technical analysis is indeed bullshit. Thanks for your honesty....
mft247
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Is this an indicator you have created or just your own renderings of the lines? I have checked your website, and was not able to locate anything like this. Thanks for your TA!