Is bitcoin going to repeat the history again?

in #bitcoin7 years ago

The bitcoin growth begun in spring of this year, so the chart is still very clear. We can find a pattern on the chart BTC/USD - BTC always grows a lot, than we can see a small correction, than another top, higher than the first one and after that follows a big correction. I think now we are in the end phase of the big growth, so if the history repeats again, we could see a correction to 5000 USD, than growth until 25.10. with the big correction to 4400 after that. What do you think about it? :)analyza.png

Sort:  

That looks logical. It's making some big swings, quickly!

I think the correction is for sure. Thanks for posting your views. Wait & Watch.

Yes, I think there will be a correction because Bitcoin is just like any other security on the market. It's driven by demand. Also more governments are introducing regulations.