FoxCharts

Crazy idea of crazy Bitcoin

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
This is very unlikely scenario for Bitcoin in my opinion. But I am still posting it, for those who dont want to buy BTC for 50k or 40k... If we will see this cycle of bitcoin sell off after 2-3 years as it was in history in 2014 and 2018, the area around this curve after 80-85% decline (10-15k USD) would be the best opportunity for buying crypto currencies.

I guess it's not happening. But what if... Worth of sharing :)

Comments

you got a point but still 100k before this happens is more plausable with the amount of money in the market. lets see
+5 Reply
Never say ever.. 😆
Looks very realistic what goes up must go down..
Just when it will happen. 🤔
+4 Reply
absolutely unrealistic scenario, 80% drop at 200k cap fundamentals are completely different from 1T. I guarrantee you never see the price at lower 40k again
+4 Reply
FoxCharts matusdrabik
@matusdrabik, And I agree with you thats not really realistic... But first, please read my comment bellow chart :)
Reply
12k - 14k is where i will buy
+3 Reply
Yeah it's worth of sharing, I would definitely SHORT this monster if there was no institutional investing in it, like back in 2014 nad 2017. In 2017 the big shots were whispering about buying but never happened. I think we're most likely gonna leave this parabolic cycle trend. What are your thoughts?
+3 Reply
@katarina2051 same same....
Reply
Beautiful Chart
+2 Reply
Such a great analyze! Keep it up
+2 Reply
Btc is losing bull momentum each high % wise has been smaller than the previous and your curve is flattening. Perhaps the next future high will be an equal 60k high?
+2 Reply
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