6 years is a very long time in any tech related market
I don't think you can really expect a 6 year bull or bear market. A lot can happen in 6 years
Topic: Finding Bottom (Read 880 times)
Where's your bottom then?
How low could it go?
How low could it go?
I'm not necessarily predicting a bottom price, just a time frame. Late feb, early march give or take a couple months... of course the bottom could already be in. IMO the risk is definitely to the downside.
Where's your bottom then?
How low could it go?
How low could it go?
This is pretty much in line with Trololo's Logarithmic regression (which I really like) and jl2012's long term exponential trend, which at least indicates a bottom is close... and if we are lucky, the EW guys will agree.
If this happens, we could see 100,000 by 2021 and full mainstream adoption. Of course this would be followed by another brutal bear market.Of course bitcoin could crash and burn, but I doubt it. If we don't see a bottom some time in the 1st quarter or if Jan 14th wasn't the bottom, then I will consider this analysis wrong.
tldr; a 6 yrs bull market could be imminent
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