TradingView
zooitje
Dec 29, 2017 11:29 AM

Bitcoin's possible parabolic continuation in 2018 Long

Bitcoin / DollarBitfinex

Description

We see a transition to another phase of Bitcoin price as a new, more steep, price channel arises. The new price channel emerges in a exact similar fashion as the recent one leading to a possible 100k - 200k USD price per bitcoin in the beginning of 2018. This rally could be powered by institutional money joining the cryptocurrency space. Any thoughts welcome in the comments.
More