BadrAouchar

BTC/USD long term projection based of historical performance

BITFINEX:BTCUSD   Bitcoin
This is a projection I did based on a previous BTC crash, so if it reacts the same way we should bottom at around -90% from all time high by arround the 1st Sep 2019, and enter the recovery phase, my only concern it's that it'll take quite a time to get back to previous all time high (1 Jan 2021), hopefully institutional interest will speed up the process, after the recovery we can expect 3 to 4 times all time high by the end of 2021.

PS: This is an update with a weekly chart

That been said this is juste my own prediction based on previous BTC crash and my own logic so it may or may not convince you, so do whatever you feel!

Trade Safe Guys!
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