Ero23

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
just amazing.
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Ero23 erelerel
@erelerel, The original chart is even more amazing but was originally banned due to having a deposit address for donations. Here is a screenshot of it tho! https://pasteboard.co/If8KjwY.png
+1 Reply
@Ero23, hi, as you already know Ithink your stuff is amazing, so thanks for that! Aren't you at all concerned that it fell out of the pitchfork?
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Ero23 TraderT33
@TraderT33, No that's ok. It served it's purpose for the time being, no way we can maintain that angle on a log chart. We have to come down, now I model using arcs.
+1 Reply
@Ero23, Allright, great! thanks for taking the time to explain!
best regards
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@Ero23, i was keeping the screenshot of this chart :) it was amazing too =)) thanks for the update
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If we follow this general shape outline then we'll low around $4k
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Been one of your followers for a long time! Beautiful charts!
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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
The stoch rsi was oversold for months after the last 2 bubble pops. We just got into oversold territory now. It can easily stay there until the beginning of Summer.
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