A quick chart after being inactive for a few years. "$300,000? You're out of your mind!". I remembered when people were baffled when bitcoin made it to $1000.
The bitfinex weekly time frame shows a really nice clean channel over the last 7 years that almost fits perfectly. I bet if chart data went as far back as early 2013, we would see the $260 price movement fit almost perfectly too.
Just another reminder that we haven't even gotten halfway through this iteration, if the trend continues.
Obviously the price can go either way. Anything is possible. As always, do your own research.
The bitfinex weekly time frame shows a really nice clean channel over the last 7 years that almost fits perfectly. I bet if chart data went as far back as early 2013, we would see the $260 price movement fit almost perfectly too.
Just another reminder that we haven't even gotten halfway through this iteration, if the trend continues.
Obviously the price can go either way. Anything is possible. As always, do your own research.