TheDarkEconomist

BITCOIN - End Of Current Wave in 2021?

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Little exploration of some long term trends in Bitcoin .
Moved to a Logarithmic chart to drown out the price noise, such large increases, this makes trends easier to see.
Very interesting to see FIB waves lining up in terms of the price growth intervals, as well as the fib heights in terms of expansion.
Looking at this, could be that for next few years BITCOIN will need some time to recharge.
In my opinion, a long term bear market is coming, whereby Gold & Silver will prosper, highlighting that BTC is not ready as an SOV yet, but coming out of that 8 year cycle, it will EXPLODE to multi-million coin worth.
Interesting!

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