This is a more in-depth chart showing possible $100k Bitcoin in July (Between July 2nd to July 30th, 2018) based on 2013 correlation.
This will lead to a massive correction (unlike we have seen before) before the next move up. We will definitely see $1 million Bitcoin in 2020 or 2021...but you will have to live through the volatility.
From Previous post:
I am using information that PentarhUdi originally posted on May, 2017 and updated it.
I believe we are currently strongly correlated with the Bitcoin move in 2013. I believe this correlation will lead us to a parabolic rise in current prices into July 2018 (similar to the move in late 2013).
This will hold true as long as we dont make lows below 5900. A pullback to the 7300 to 7800 range COULD happen before we get going on this amazing ride. $28k to $32k first target. Then $100k.
There is also cycle work involved..and mining difficulty at all time highs right now. Fundamentally, with new miners coming into the Market this month...it will only help substantiate price rise in Bitcoin -1.32% .
This will lead to a massive correction (unlike we have seen before) before the next move up. We will definitely see $1 million Bitcoin in 2020 or 2021...but you will have to live through the volatility.
From Previous post:
I am using information that PentarhUdi originally posted on May, 2017 and updated it.
I believe we are currently strongly correlated with the Bitcoin move in 2013. I believe this correlation will lead us to a parabolic rise in current prices into July 2018 (similar to the move in late 2013).
This will hold true as long as we dont make lows below 5900. A pullback to the 7300 to 7800 range COULD happen before we get going on this amazing ride. $28k to $32k first target. Then $100k.
There is also cycle work involved..and mining difficulty at all time highs right now. Fundamentally, with new miners coming into the Market this month...it will only help substantiate price rise in Bitcoin -1.32% .