You23

The most epic bull run in history. The Age of Bitcoin. (update)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The original chart contained a donation address in violation of house rules and the chart is now invisible to the public. I will post updated screenshots below.
If this is your first time on this chart, this was a forecast from Feb 2017 back when Bitcoin was in the $800's. The blue and yellow lines have held up amazingly well over the course of the year.
Comment: Original chart: https://snag.gy/JrRIP7.jpg
Comment: Bitcoin and digital currencies have some issues, yes this is true. However, they are severely undervalued when compared to most fiat currencies. Expect this whole market to have a combined marketcap in the trillions faster than you think.
Comment: Incredible growth since i published this chart. So far it seems to be holding quite well! Next week I will add a youtube link to my new channel where I can discuss my thoughts with you all in a more direct fashion.
Comment: 2018 is going to be a wild year for crypto. Congratulations to all of you and thank you for the commends, views and likes.
Comment: Taking a best shot at what the peak will be: $45k-55k
Comment: Owning 21 Bitcoins, or 1/1,000,000th of the Network, should be worth at least $1MM. Using this metric and in my opinion, a fair price of Bitcoin in 2017 should be around $47,619.00 per Coin.
Comment: *a fair price of Bitcoin in 2018 should be around $47,619.00 per Coin.
Comment: Looking at today's chart on Bitcoinwisdom: STOCH RSI significantly oversold on the 1W charts and on decreasing volume. This doesn't look like the big crash many are expecting.
Comment: Update: This chart had incredible predictive power from Feb 2017 until the Dec peak to $20k. Please see some of my other charts to see an updated version of this chart as this was made well over a year ago.

Comment: Did we bottom at 6k or is it in the future at 3k-4k?
Comment: It's been a while since an update. Looks like we are finishing up wave 4. Wave 5 fireworks should be fun in 2019
Comment: Wave 4 appears to be over. Multiple attempts at breaking below 6k have failed.
Comment: If we are still correcting to a new lower low, I would expect it to be in the 4k-5k range. This possibility is looking less and less likely based on the current sentiment.
Comment: Wave 4 FINALLY over!?
Comment: WAVE 4 OVER. About 6-7 month overdue lol.
Comment: Update to my previous chart. https://pasteboard.co/If8KjwY.png

Comments

Why isn't it updating the price when I click the play button?
+3 Reply
As a long time holder a fully sympathize with your view, but I do fear the whole futures + bitfinex & tether situation can change the game plan dramatically.
As long as the later two of the above don't **'* up the confidence of the market players too badly when it comes crashing down I believe the true digital scarcity of bitcoin is what makes it fundamentally valuable.
Like gold, but without the physical issues of holding.
Just keep your private keys to yourself, don't put your trust in an exchange. Unless you are really prone to margin trading, which is a recipee for ulcers when in bitcoin.
+2 Reply
sgemini UpnwoD
@UpnwoD, and that's why I'm 50 % in fiat right now, the crash will be epic and I don't care :D Good luck to all! Remember, you can profit even when a bubble bursts if you're well positioned ;)
+1 Reply
UpnwoD sgemini
@sgemini, Amen
Reply
chinobo sgemini
@sgemini, if I there's a bubble, hell yea. Let go in flames, ill buy in low prices!
Reply
If we follow this general shape outline then we'll low around $4k
+1 Reply
Amazing analisis. What do you think about if wave 3 allready toped at 20k and we are retracing. Do you think it is possible? If so buying at 3k would on the table
+1 Reply
I'd love to know your thoughts on what's happening today ..
+1 Reply
ero23, u got a youtube channel?
+1 Reply
You23 the_bag_holder
@the_bag_holder, No, but If there is interest I could start one.
+8 Reply
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