Woolfman

BTC from Feb to July

BITFINEX:BTCUSD   Bitcoin / Đô la
Since everyone wants to see BTC             -3.97% on the rise, and sometime soon as well, I thought I´d publish my idea here. Mainly because I am interested in how right or wrong I might be and where I would end up sticking to this.

BTCs             1.88% projected price is way inflated, and I believe we are not only in a correction, we also are still way too high in value. If I was to judge on all those sentiments and strategies I have read over the past 2 weeks, then I believe it is highly likely that we bottom between 5000 and 6000. Why? Personally I don´t think we will see fantastic growth over next few month, more a consolidation to the upper side into what would call "realistic value" of BTC             -3.97% . Second I think there is now too much distrust; a lot of people surely got burned during the last 2 months, stepping too late into the game.

So I don´t think there will be a significant amount of trade volume to see the spikes we had last year. If Moore´s Law can successfully applied to BTC             -3.97% in terms of value evolution over time, then we might see it around 8000 at the end of May, as long as it doesn´t get blown up as it was before Xmas             -0.59% 2017. Furthermore, I don´t believe there will be fast rise as some would like to see; I don´t think it is possible to see it inflate to 10000 or 15000 until September.

I would appreciate any input from experienced traders. Helpful comments invited!
Giao dịch đang hoạt động: We are 4 weeks into June, and I am updating my idea.

BTC did not move as fast down as I expected it to in February, but we are now below the channel I drew. This channel was based on the assumption, that BTC would follow Moore´s Law - for that to come true it should not be above 8000 USD by May 30, which it wasnt.

What we are probably now seeing is a drop below the axis, which happened the years before as well, as BTC isn´t linear nor following the ideal path of Moore´s Law.

If BTC heads up into the drawn channel and extends above, then I suspect the chance of a longterm bullish outlook might be good.
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất