cryptosach

BTC Beginners Evaluation - latest hypothetical prediction

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
So, if Im at the current period and I define a start point, I can then draw a projected non-linear trendline to intersect the 'current period' and hit the top % increase noted from the first two bull runs.
The ratio for the bull run now becomes 1724% / 357d = 5 lower than the previous two bull runs.
So far we have:

Term Bull Bear
long 20 10
short 9 4
latest 5

What we can say is that 2017 has been slow relative to the other previous bull runs we had in the past. Is this due to the market being evermore sceptical due to bad press? The market generally moves slower when larger volumes are concerned?

A deeper look into how this market behaviour has developed is required, looking at trends as the volume and absolute price becomes larger.
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