'11-'12: 48 Weeks uptrend 2012: 22 weeks downtrend (-93%) '12-'13: 72 weeks uptrend 2013: 12 weeks downtrend (-80%) 2013: 20 weeks uptrend '13-'14: 58 weeks downtrend (-86%) '15-'17: 152 weeks uptrend 2018: 51 weeks downtrend (-84% & counting) https://twitter.com/rektcapital/status/1072721029074608128 |
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$6,841.71
Thanks Mic, you the man!
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It seems more likely that bitcoin is on a logarithmic regression curve, like so:  The chart has been updated recently by Marc De Mesel Below is the link to his YT video. I refer to this chart and believe would could see more than 75% undervaluation https://www.youtube.com/watch?v=k9JsmelO12sHe's counting 2015 as the beginning of the bull market, but it was range bound ($200-$300) the first 10/11 months. |
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So everyone (myself included) is in agreement that the next all time high will be around 2020-2021? From the crowd is always ng cmp, I wonder how this next cycle will play out. A double bubble à la 2013 or a delayed bubble in 2022, or later (bleh). With Bakkt, NASDAQ, etc, we may drum up enough interest to start the cycle sooner this time.
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I'm about to pull the trigger on a purchase. These prices are too good!
$1500 now wait to buy  weeee I'll buy more then too! In 12-18 months everyone will tell us how lucky we are again.  |
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I'm about to pull the trigger on a purchase. These prices are too good!
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time to start shooting krokodil in my eyeball
Again? |
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When will it end. Relentless! How can a man not drink?!
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I see lots of noobs lately saying theyre gonna short the market here because its easy money. Hopefully they get their faces ripped off.  |
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Current premium is 16.29%. The year low was 5.96% on November 14.
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2900$ is the last support that could very likely not hold, and should it not then we can easily go to 3 digits again.  I dont see support at 2900. But certainly above 1000. At 3 digits, BTC is failing as a project. Possible but unlikely. I would estimate that $1500 needs to hold, and I expect it to do so, some time in late 2019. I think we'll be back over $1200 by the 2024 halving. #hopeful |
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Just merited a quote instead of the original.
You guys look all the same with that hats.
I'll send him a merit for you! |
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 2 mins to last trade on CME Looks like we're going up after this expiration. |
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Bitcoin dropped nearly 50% in 1 week, that was capitulation. $3400 was the low, time to buck up, cowboy.
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It's been a while since we've seen this kind of strength.
The bear is dead.
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