Based on recent price action and a clearer parabolic picture, I've revised my estimate upwards from $30,000 in two years to $50,000 in two years. Nothing in this post is a prediction. Traders should be very very very careful with this instrument. High volatility is to be expected if it hits $15,000 or $18,000 - which could come by the end of the week.
I've not traded Bitcoin recently. It's one thing to speculate where price may be going, and quite another to put your real money on it! I wasn't going to take the risk. I'm not a gambler - end off.
Hats off to gamblers who made money. Enjoy. No - I'm not green at all. Yeah really!
FAT DISCLAIMER:This post is not intended to encourage anybody to buy Bitcoin or trade it. If you happen to be influenced and you invest or trade, your losses are your own. In other words, sue yourself if you lose your money!
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BRACE!! Pump north expected (not predicted)! If you lose your money, sue yourself! 😂
nonsense. You're 'digging in' is just pointing and saying 'could be this, could be that. Good luck with your trading.
meszaros
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I agree with the title of the analysis and the bitcoin parabola track. A couple of days later, the move is also caused by the strengthening of the dollar. In the event that the strengthening of the dollar would stop, I think we can see the rate accelerating north again.