mikenz

BTC log trend update 31/10/17

Long
BITSTAMP:BTCUSD   Bitcoin
Not much new to report here. Long term forecast proved quite correct so far so I just some minor adjustments to include latest developments.
Chart shows quite ambitious mid term goals. To summarize, if we can trust this analysis -and I myself consider it very ambitious as I found my one from January - we should leave long term accumulation phase soon to enter mind blowing stage two of the adoption process. Keep in mind we are talking about exponential developments here. Also mid term correction due to upcoming S2X is still possible. Lets see how that plays out.
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