PentarhUdi

The target of current bubble lays between $40k and $110k

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
923
I definately see correlation in wave structure between 2013th bubble and a current. This is update of "Long term Bitcoin price extrapolation" posted 7 Oct 2016.

Many time past since then. And log scaled trends grew a lot.

You can see some historical trends here. The lowest defines "Normal growth" and price is currently inside it. The upper ones defines "mid and super grow". Once price enters them it will start drammatical growth due deflational Bitcoin nature.

Corelations I see between 2013 and current bubbles marked by circles. So taking into account that correlations I announce drammatical price rise from approximately $40,000 USD in quick and pessimistic version to more than $100,000 USD and prolonged optimistic version.

Deadline for this action is till 2019.
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