RE: Bitcoin on pace to hit $100k between April and September

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Bitcoin on pace to hit $100k between April and September

in hive-148441 •  4 years ago 

Sure hope so, though it seems like the current adoption by virtually everyone would make any past trading patterns obsolete... what are your thoughts on that?

hive-148441
4 years ago by

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      ·  4 years ago 

    You might think so, and it may, but so far, it's literally right on track. The next move is to the $60k area minimum before another 30% correction.

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      ·  4 years ago 

    Nice, I love how steady the climb has been. Pullbacks have been pretty short too

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      ·  4 years ago 

    Yep, there will still be a handful of 30% plus pullbacks though. We've had at least one so far, we had 6 or so during the climb in 2017.

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      ·  4 years ago 

    I would happily sell at $100k - a new truck would be nice 🤔 taxes will hurt!

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      ·  4 years ago 

    I want $200k...

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      ·  4 years ago 

    That would be awesome - can’t wait for that!

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      ·  4 years ago 

    Hopefully it happens by May.

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      ·  4 years ago 

    Should I mark my calendar?

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      ·  4 years ago 

    The pattern in 2017 is to go up by more than 100% (average of 153%) from the recent lows before the next 30% correction. The low was $29k.

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      ·  4 years ago 

    That would be sweet - how many times has it done that same pattern?

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      ·  4 years ago 

    It happened 6-7 times during the move up in 2017. I have a post up on it somewhere.

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      ·  4 years ago 

    Will it continue that way forever? $10,000,000 in ten years?

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      ·  4 years ago 

    Probably not. It could hit that number eventually though.

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