Crazy Bitcoin bull projection. Going off price history and parabolic history of Bitcoin breaking upper parabola channel resistance. $BTC
The 1st parabola channel break occurred at ~$1500 on 5/4/17. In 21 days it reached top of parallel channel of equal height drawn above at ~$2800.
The 2nd parabola channel break occurred at ~$9000 on 11/21/17. In 21 days, if history repeats itself, we will see $20k Bitcoin come mid December by drawing a similar parallel channel of equal height above. This will be just in time for futures trading (CME to start 12/18 and CBOE around that same time).
The 1st parabola channel break occurred at ~$1500 on 5/4/17. In 21 days it reached top of parallel channel of equal height drawn above at ~$2800.
The 2nd parabola channel break occurred at ~$9000 on 11/21/17. In 21 days, if history repeats itself, we will see $20k Bitcoin come mid December by drawing a similar parallel channel of equal height above. This will be just in time for futures trading (CME to start 12/18 and CBOE around that same time).
Trade closed manually:
Bitcoin is on the way up to new ATH's but I am editing my analysis. See updated chart at
