Post
Topic
Board Speculation
Re: Analysis
by
bitcoin_is_here_to_stay_2
on 05/02/2018, 02:09:43 UTC

In your opinion where do you think wave 3 would end?


I really like ML earlier analysis, which is also consistent with BETI:

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/


as you can see from this, it all depends on timing. If we go there very quickly, 2-3 months (seems completely unlikely now), it would be "only" 60-70k, if it will take longer, will be 100k or more. I know it sounds a bit like a sci-fi now, but if you believe in bitcoin expenontial netwrok growth/price growth theory, something like that should happen. It is also possible that maturing of the markets will cause flatter peaks and dips, this analysis assumes same relative peaks as in 2013. Anyway, according to exponential growth the "fair price" of btc should be around 13k this August, is around 8k now.