Bitcoin Path Prediction

Oct 24, 2018

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Oct 24, 2018

Note

Retracement back to 0.236 Fibonacci Level

Strength of Bull Market top:
1. Relative to pitch fork, will be subdued % wise (like the logarithmic charts seen previously: google.com/search?q=bitcoin+logscale&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjF4IKe_J3eAhUJQI8KHQGBCaoQ_AUIECgD&biw=1920&bih=1103
2. pink trend line; and
3. Run up to 17.0 Fibonacci extension.

Accumulation Phase to turn into Bull Market with respect to Halving Dates.

1st Halving
- Bull Run started 51 weeks prior
- Bull Run: 104 Weeks
- Bear Run: 98 Weeks

2nd Halving
- Bull Run started 39 weeks prior
- Bull Run: 112 Weeks
- Bear Run: ~100 Weeks
End between June-Nov 2019???

3rd Halving
- Bull Run to start (Average 40 weeks prior) = June 17th, 2019
- Bull Run: ~108 Weeks; Ends July 12th, 2021
- Next Bull Run Target Price: USD$200,000- $300,000
Market Cap of Bitcoin will be: 3.7-5.5 Trillion (Gold ~7-8 Trillion)