7500$ this week

It feels a bit too early for 8000. I won't be surprised if the price drops to 7000, and then goes back to 8000.

And then jump over 9000 on Christmas! You'll see!

Totally serious very mathy Technical Analysis ahead:



3, 5, 8 are Fibonacci numbers, right?

Jump over 3000 : 2017/08/05
Jump over 5000 : 2017/10/12
Jump over 8000 : 2017/12/xx

Yeah, it seems 8000 is a tough cookie.

We are not even at Institutional Investors phase yet.

We on the border of "Smart Money" -> "Institutional Investors".

Where is that Emo Philips image?  

... and we're over 7000 again!  

Update, 4 weeks later, everything's fine:

Correct me if I'm wrong, but running pump and dump scheme doesn't come with 100% guarantee of success, right?

If 90% of the pump cycle is manipulator, and 10% are suckers, and the same for the dump cycle, the result is not much profit for manipulator.

Surely some TA and Fibonacci numbers predicted this roller-coaster, right? 

Are we heading back to 7500 ?

Bags full of hardware wallets.

The graph so far:

7400 !

About $9000

3x every year (or 10x every two years) increase is roughly a long-term multi-year trend, so far.

5900*3*3*3= 160k

But to avoid disappointment, I wouldn't hope for more than 2x every year.

5900*2*2*2= 47k

That's would be enough for me to retire in 2020 (or maybe 2021).
It could go flat at 50k, I don't mind.