These are some cool charts, thanks.
While obviously no one knows, I do feel good about this week. The 51% Ghash.io situation is priced in, the FBI sale is priced in, the weekend is over, we are sitting pretty at 600 USD and China can only ban bitcoin so many times.
I feel good about the coming week, maybe keithers is right and well see a move up to 700 USD this week.
Good Luck!
While obviously no one knows, I do feel good about this week. The 51% Ghash.io situation is priced in, the FBI sale is priced in, the weekend is over, we are sitting pretty at 600 USD and China can only ban bitcoin so many times.
I feel good about the coming week, maybe keithers is right and well see a move up to 700 USD this week.
Good Luck!
Thanks for the positive comments.
Here are the updated charts.
I have put the zoomed-in-current-vs-past-trend chart in date form and adjusted our current trend (by 3 days) so that the peak now occurs at the latest allowable date (based on past data), which is 235 days from the last peak. Coincidentally, if the price does follow this trajectory, the end of the relatively stagnant period we are in now seems to occur on the 27th June (the day of the auction).
Again, this is all just speculation (obv) so this could all very well be entirely wrong. Not long to wait to find out though.
