BTC will reach 20000$ until December 2019

in #cryptocurrency • 6 years ago

Let us begin and say that we were not supposed to reach those high that we did at the end of 2017. It was a nice bonus indeed but was mainly based on the news regarding the futures trading incoming.

Since 2012, we are clearly moving in the uptrend (represented by the white line in the picture).
The fall of 2014 is a justified correction - since we were out of trend, much more noticeably than now. This is why the recovery took as long as 2 years.

But for this day and time, the price of 6-7k is justified.

The comparison to NASDAQ is completely unjustified, the NASDAQ bubble has never busted since the 2000’s, it just returned to its trend line. And by the way, NASDAQ is on the verge of a correction which is going to be epic.

But do not get caught out of the guard, this is by far not the end of the global corrections that are coming.
Mark it, take a screenshot and print it.

#bitcoin #etherium #crypto
6 years ago in #cryptocurrency by
$0.00
    Reply 1
    Sort:  
  • Trending
    • [-]
     6 years ago 

    Congratulations @jitendrakrishnan! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

    You published your First Post
    You made your First Vote
    You made your First Comment
    You got a First Vote

    Click on the badge to view your Board of Honor.
    If you no longer want to receive notifications, reply to this comment with the word STOP

    Do not miss the last post from @steemitboard!

    Participate in the SteemitBoard World Cup Contest!
    Collect World Cup badges and win free SBD
    Support the Gold Sponsors of the contest: @good-karma and @lukestokes

    Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

    $0.00
      Reply