ok, not as ambitious as the predecessor; a parabola running from the epic ATH in Nov '13 to EOY 2018, this time hugging the 50 week MA.
Given the past 12 months' ten-fold increase, another ten-fold increase in the next 13 months is not impossible !
ps: friends, this is not investment advice !
- fitting a parabola to the log plot of the price since the Nov'13 spike
- current rate of rise is not as steep as back then, so lots of mileage left in this rise
- only concern is, can mining - currently using at least 10GW - adapt to the electricity demand ?