BTCUSD - $50,000 by June 2018 even with a $7k correction in Dec

30 Nov 2017

Using a log scaling on the right and the trend from the past 12 months, we can see BTCUSD getting to $50,000 between May and June 2018. We can be at around $7,000 now and still be on the trend lines - i.e. a correction now should be seen as a buying opportunity and/or we should just hodl. The RSI indicates it'll be a choppy ride getting there. The PPO shows we have plenty of room to grow before the heady days of the 2014 bust.