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Title: Few bitcoin charts, and what to expect this year. Post by: cryptofan55 on May 28, 2018, 09:12:41 AM Here are the bitcoin charts from the last two bubbles 2013/2014 and 2017/2018. They look very similar and if history repeats we may expect long downtrend for at least one more year.
https://imgur.com/a/B3sXfkz 2013/2014 https://imgur.com/a/QWESymv 2017/2018 Here is 2 year chart after 2013 bubble: https://imgur.com/a/MrcMKq5 oct 2013 - oct 2015 The cycles repeat very similarly, just 2013 it took more time. Do you think the same will happen? Do you thing the altcoins will follow different pattern, if they release good working products. Isn't it better to switch to utility coins like Etherium, EOS, NEO, Cardano, IOTA, ICON and similar projects? Title: Re: Few bitcoin charts, and what to expect this year. Post by: ToddDiaz on May 30, 2018, 09:41:45 PM Nice charts but i believe that there is not way to properly predict the price of bitcoin. It has shown times without number that there is no way to predict its price, the price can go either up or down at any time. The charts do look convincing but it is better not to expect anything so you don't get disappointed.
Title: Re: Few bitcoin charts, and what to expect this year. Post by: Halbert on May 30, 2018, 09:43:02 PM It seems to me that a mysterious price can be learned because bitcoin begins to repeat its historical movements ;)
Title: Re: Few bitcoin charts, and what to expect this year. Post by: Cult on May 30, 2018, 09:48:23 PM You should never discount a chance of a black swan. Bitcoin is very sensitive to the news and any unexpected by the majority event can change the situation beyond recognition.
Title: Re: Few bitcoin charts, and what to expect this year. Post by: Black Coffee on May 30, 2018, 09:52:45 PM if we look at the comparison of the graph, then the decrease in the length must occur in the year and possibly until next year or 2019. but you are right and if other crypto give innovation and product better, will they still follow market trend and move down? I hope there are many investors and great personalities who will join to invest in the crypto market, which makes demand and growth high.
Title: Re: Few bitcoin charts, and what to expect this year. Post by: barlo357 on May 30, 2018, 09:57:48 PM Yes we can not expect but we can predict by the basis of past result, we can compare it there is nothing wrong with that because in a business the pattern they follow is the history so for that result they can easily predict what will happen.
Title: Re: Few bitcoin charts, and what to expect this year. Post by: cryptowonders@20 on May 30, 2018, 09:58:00 PM well very good one but that is different to other years because in 2015 and 2017 have different chat were not the same
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