We are looking at Blocknet (BLOCKBTC) long-term and trying to figure out how strong the next bullish wave will be...
Looking at past history, we mapped two strong waves.
1) The first one started when a low was hit back early November 2015, this led to a 4800% strong bullish wave.
2) The second one happened after a higher low was hit late January 2017, this led to 217 days of strong bullish action and a total of 20510% of gains... This is how good the small altcoins within the cryptocurrency markets are.
3) Another higher low has been hit in early January 2020... This can lead to many months of strong bullish action and great gains. Right now I am looking shy at 1870%+, but more gains are surely possible.
On the next altcoins market bull run, I believe that Blocknet (BLOCKNET) can do 30X the last ATH... Hard to believe?
... We just wait and see...
In the meantime, this chart is bullish and Blocknet prices will continue to increase.
Namaste.
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Already growing... MA200 conquered on the daily timeframe. +44%... Enjoy the profits.