Can we do it again? #Bitcoin $BTCUSD $BTCCNY #TRADING

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
History repeats its self. Looks like a mirror image from last rally.
This is exactly what I think will happen. You do have some mistakes in your chart, but the point is clear. You can easily see that the first two massive waves are incredibly similar and this third uphill seems very likely to me.
Even in your graph, using your numbers second uphill is 760%, not 1000%. Accounting this, proposed third up should be like normal distribution 400-800% with mid = 600%. So $500 to $3000 run is much more probably.
Sometimes we prone to count desire as forecast. We should be very attentive to this.
+2 Reply
Thanks you
It's kinda possible, but if so.. then lots of sideways action for months to come, which would render it fairly boring and un-talked about for a while. Who knows. Either way I don't see $500 being even remotely possible any time in the next year or more . Time will tell as ever.
+1 Reply
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