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Dec 5, 2017 Bitcoin 2017 Bubble Price Forecast and Analysis

BITSTAMP:BTCUSD   Bitcoin / Dolar


Bitcoin            
has left the historic blue "value channel" and started on parabolic trajectory into a bubble run once again.

Refer to 2013 years in chart for last two bubbles analyzed.
~Top 2017 bubble price forecast ~$49,500
Watch for breakdown of parabolic line with bearish candlestick/TA to signal popping of the bubble.
Expect significant 68%-80% price drop to occur over spring of 2018 once bubble popped depending on how high it went.            

2017 recent escape above channel:
snapshot

2013 last two bubbles:
snapshot


Entire view:
snapshot

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