PentarhUdi
Long

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

BITSTAMP:BTCUSD   Bitcoin / Dollar
94079 78 278
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.
senin sikini daaan gezdirenler yesin
+2 Reply
emrebaddal yunusyimaz115
@yunusyimaz115, hahaha. John Wick'ten geldin sanirim dostum :D
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yunusyimaz115 emrebaddal
@emrebaddal, ahahhdsaghhd aynen :D
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oyontar yunusyimaz115
@yunusyimaz115, benden geldiniz kanka :D
+1 Reply
emrebaddal oyontar
@oyontar, Dogru grafigi atan sendin :D Tesekkür edeyim buradan o zaman :) Adam müneccim sanirim suan dedikleri bir bir olmus :)
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amazing. just amazing.
+2 Reply
Sen nasl bir kralsin?
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Good Job!
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Will the price really drop as much as it did in April 2013? I was looking at this chart again, and noticed a few curious things.

1) The bull run of 2013 had not a single red candlestick before reversing. That's 13 weeks of profit without a correction, which can't be sustained. Now, compare that to this year's run, and we had a few corrections along the way, which looks much healthier.
2) Perhaps because of n. 1, when the 2013 bubble crashed, it crashed hard. In a single week it made an ATH 50% above the opening price, which then dropped about 80% in its lowest point. That's a huge price swing in a single week, which is nothing like what we are seeing in the last few days (at least yet).

Conclusion: My speculation (based on the little I know) is that the current correction will be fast (and won't take months, like it did in 2013), there's no bubble bursting, and we will soon resume our run towards the last trend line, at around 60k (depending on how long it takes to get there).
+4 Reply
wind2856 onix39
@onix39, Where do you think is the bottom? I see in the chart from around 160 to 70, 50% drop. Then, correction this time goes from 20k to 10k? I agree to your opinion that this correction will not last long, maybe within 2 weeks. After all this chaos, will we see grand uptrend to 100k?
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