Post
Topic
Board Speculation
Re: I wan't to believe
by
SummerBliss
on 06/10/2019, 17:40:25 UTC
I remembered that I read Some of the articles, just forgot to save the link in which is someone saying like this,
"the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this

April 2019         - BTC5300$
July  2019         - BTC9200$
October 2019    -  BTC16,000$
February 2020   - BTC 29,000$
July 2020          - BTC 56,000$
November 2020 - BTC 87,000$

According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this Smiley
Have a good day to all here. Smiley


This is not Technical Analysis. This is random prediction made on the basis of single trend. People usually take at least 2 trends to form a graph line however, three Is preferred. But in this case there is only one trend i.e. 73% rise from $5.2K to $9.2K. The article you stating has made predictions for October, Feb, July and Nov on the basis of just single data! This is entirely wrong. I would have believed the prediction more if atleast 4 of the above have already been happened.