RE: Bitcoin a bubble? Not so fast...

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Bitcoin a bubble? Not so fast...

in cryptocurrency •  7 years ago 

Only $10k? If it stops there, its not worth bothering with. It did 6.6X over last 12 months. This year user base will grow by more than last year’s 43% growth, and its starting from a higher base number. Sellers are pretty inelastic. I would speculate that 10X or 20X are possible, even likely.

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  ·  7 years ago (edited)

I believe High Altitude was just referring to this market cycle / elliot wave and not that it will only go to $10k and stsop there. This is just the shorter-term prediction.

I am in High Altitude's (Dalin's) VIP and NATV is right that he is referring to one market cycle, which will also have an A,B,C component (retracement). Then, it will have another market cycle (to who knows where?). I'm just beginning to learn about the Elliot Wave and Market cycles. Fun stuff!