This analysis is based on adding 1% of the total $7.6 trillion bank notes every 3 months for the next 12 months to the Bitcoin Market Cap. We currently have only 2.6% of the bank notes invested in Bitcoin. So based on this assumption by end 2019 we will have only 8% of it moving to Bitcoin (Fair assumption, right?)
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15k Bang on in the middle of the Min-Max range!
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Journey to the moon is well on track ^_^
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Predicting BTC price is the MOST important skill one need to have as it drives everything else... This theory seems to be holding correct and has passed the test of time in two major extremes @ 20k and 11k Message me if interested in more in-depth analysis. Good luck ^__^
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This analysis passed the 3rd major extreme test successfully (12K crash). Invest with trust and avoid FOMO and FUD through precise analysis
@Sam7in, Agreed. IMO 2018 is the Year of the Alts (with good/sold Tech...of course).
Dudleydogg
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I believe the Futures and some issues with Exchanges cracking down on Anonymous and Taxes have interests Curbed for a short time, which is why we keep bouncing 12k to 15k drawing a head and shoulders pattern. BUT like any scare eventually the lights will go out and the roaches will scurry back into the Open, and the prices will start moving up again.
Just My Opinion no math involved in that one.
UnknownUnicorn1288043
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@Dudleydogg, Thanks for sharing, and I totally agree,... I am losing my faith in BTC thought,... trying not to be emotionally attached to ^__^ it is just losing its dominance like crazy! Everyday I am less and less confident that it will remain number 1 for a long time :-) One institutional finger on any of the other top ALTs and BTC will be done IMHO