alkomart

BTC Price Prediction based on Fibonnaci Retracement Comparison

BITFINEX:BTCUSD   Bitcoin
I compared the current BTC-USD price retracement (Fibonnaci levels from top to low for the respective bubble cycle) to the last bull- / bear-run of BTC-USD in 2013/14.
Back then price went well below the 0,236 level until finding a bottom and retaking it's ascent. Current price just dipped below that level again recently.
Judged by this comparison we would have a little more to go...
Price target: 2000 - 3000 USD/BTC
When: January 2019 ?

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