Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
here's my view on the price. the first bubble from 4/11-6/11 we went from btc less than $1 to over $30 a 30x increase
the next bubble in 4/12 we saw btc go from $10 to over $250 a 25x increase
this bubble started at $100 and is now at $500 only 5x increase. i think we could see $2000 in few weeks which would be a 20x increase. it would crash down and settle back around $1000 for a while before the next exponential movement which would bring us to another order of magnitude higher to 10K... only in dreams though
the next bubble in 4/12 we saw btc go from $10 to over $250 a 25x increase
this bubble started at $100 and is now at $500 only 5x increase. i think we could see $2000 in few weeks which would be a 20x increase. it would crash down and settle back around $1000 for a while before the next exponential movement which would bring us to another order of magnitude higher to 10K... only in dreams though