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zooitje
Sep 8, 2017 9:46 AM

15.000 Bitcoin likely, if history repeats for 5th time Long

Bitcoin / U.S. dollarBitstamp

Description

Past price discoveries rallied along a predictable pattern that occurred 4 times before. It is possible this wil repeat with the current price rally of Bitcoin for a fifth time, until it reaches 15.000+ USD. Your comments are very welcome.

Disclaimer: I've published this chart before and changed it slightly to accomodate the current market
Comments
fineregex
log scale is easily deceptive
idontknowwhat
Invalid. Orderbooks and liquidity were extremely thin, plus willybot. Times have changed.
medicusnocte
I completely agree with your logarithmic perspective.
fineregex
agree with your drawing besides that we are just before the last purple arrow already, crashing
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