cc_vanooon

BTCUSD road to 1 million

BITSTAMP:BTCUSD   Bitcoin
This is a "for fun" visualization of a realistic 1M BTCUSD price scenario. Using fib channels and historical data, you can see that 1M doesn't look that crazy. You can also notice that, even though the data is from 2014 – 2017, it follows the channel lines quite accurately. Continuing previous time cycles, this imagines BTC hitting 1M USD in December 2021. It also implies a bear market most of the way though 2019, which I believe may be the case. After bottoming out on the 2011 trend line, a new ATH is reached in the summer of 2020. BTC mania really kicks off, and brings us to 1M $$$! Let's hope this chart ages well.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.