BITCOIN: Price projection using Bars Pattern. Just for Fun... :-)

in bitcoin •  6 years ago 


  • Using BITCOIN Weekly Chart, Log Scale.
  • Applying tool "Bars Pattern" of the previous BEAR/BULL Market, period from November 25th 2013 till December 18th 2017

  • Assuming End of Previous BEAR Market by end of August 2015
  • Fitting and adjusting "Peak to Peak" with the summit of the last Bull (December 18th 2017):

Conclusions:

  • Still a lower low would be expected. "Simulation" of the "Bars Pattern" indicates 2548 USD as the lowest point.
  • A "Consolidation" period of 7 to 8 months would be expected.
  • Start of A Bull Market September 2019
  • 322.000 USD by the end of 2021
  • ...in the meantime, lots of Dapps, crypto projects and adoption coming...

Will you have the patience to wait?

Enjoy!

@toofasteddie

Published by Toofasteddie

on

with SteemPress
https://mentormarket.io/toofasteddie/bitcoin-price-projection-using-bars-pattern-just-for-fun/

bitcoin cryptocurrency investors-club market timm
6 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$1.94
  • Past Payouts $1.94
  • - Author $1.49
  • - Curators $0.44
76 votes
7
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  • Trending
    • [-]
      ·  6 years ago 

    Yes, I will have the patience to wait. It would be the first thing that I would be that patient for. BUT I still hope for the bull market to begin by mid 2019.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.02
    • Past Payouts $0.02
    • - Author $0.02
    • - Curators $0.01
    1 vote
    [-]
      ·  6 years ago 

    That would be amazing

    Posted using Partiko iOS

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      [-]
        ·  6 years ago 

      @toofasteddie, thank you for the nice analysis. I have the patience to wait.

      Posted using Partiko Android

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00
        2 votes
        [-]
          ·  6 years ago 

        322.000$???? Con paciencia o sin ella esperare...

        Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

        • Disagreement on rewards
        • Fraud or plagiarism
        • Hate speech or trolling
        • Miscategorized content or spam

        Submit
        $0.00
          1 vote
          [-]
            ·  6 years ago 

          Nice post Eddy. I don't believe corrections are similar to the extent they can be interchanged, but I do believe we are going at least x 100 from the bottom, wherever that is going to be. Our targets are about the same: only 3 years away!

          Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

          • Disagreement on rewards
          • Fraud or plagiarism
          • Hate speech or trolling
          • Miscategorized content or spam

          Submit
          $0.00
            1 vote
            [-]
              ·  6 years ago 

            Thank you so much for participating the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!

            Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

            • Disagreement on rewards
            • Fraud or plagiarism
            • Hate speech or trolling
            • Miscategorized content or spam

            Submit
            $0.00
              [-]
                ·  6 years ago 

              Hi @toofasteddie!

              Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
              Your UA account score is currently 4.026 which ranks you at #3597 across all Steem accounts.
              Your rank has improved 2 places in the last three days (old rank 3599).

              In our last Algorithmic Curation Round, consisting of 190 contributions, your post is ranked at #39.

              Evaluation of your UA score:
              • Some people are already following you, keep going!
              • The readers like your work!
              • Great user engagement! You rock!

              Feel free to join our @steem-ua Discord server

              Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

              • Disagreement on rewards
              • Fraud or plagiarism
              • Hate speech or trolling
              • Miscategorized content or spam

              Submit
              $0.00