Daycrypter
Panjang

Can Bitcoin fly to 100K ?

BITSTAMP:BTCUSD   Bitcoin / Dolar
The "Fib Time Zone" and "Fib Channel" seem to be suggesting that $100,000 btc             is not that unreasonable an idea. Would it be just business as usual?
Although it may not feel like it, Bitcoin             has currently been in low volatility on the baseline.
valid scenario, at least the first peak this year
Balas
@mikenz, I think your call of first peak (20-25K) is still in play by end of year.
Balas
Market cap of $1,615,608,700,000? Uhm.
Balas
Daycrypter PRO haytynelers
@haytynelers, ;D Yes very unlikely that btc is 100k by the end of the year.

I dont think 1.6T btc market cap is a problem though. Its just a fraction of the 200 Trillion global debt, or 630 Trillion derivatives market.
Balas
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