monkia
Long

BTCUSD - $50,000 by June 2018 even with a $7k correction in Dec

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Using a log scaling on the right and the trend from the past 12 months, we can see BTCUSD getting to $50,000 between May and June 2018. We can be at around $7,000 now and still be on the trend lines - i.e. a correction now should be seen as a buying opportunity and/or we should just hodl. The RSI indicates it'll be a choppy ride getting there. The PPO shows we have plenty of room to grow before the heady days of the 2014 bust.
brilliant
Reply
Hey guys, I posted this some time ago. Don't panic as we approach $7-$8k. This has been somewhat expected and needed to create the spring for the next impulse drive. Still on track for $50k by mid 2018. That'll be a 7X for anyone that gets in at the low.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out