Pato99

Bitcoin long term natural numbers analysis.

KRAKEN:XBTEUR   XBTEUR
3167 23 43
An attempt to analyze BTC             using the theory of chaos

Will we double in 4 months?
Komen: good move so far. the next important Milestone is the ETF News.

50/50 Chance so bank your profits early
Komen:
snapshot


we have some room left for growth. i would sell/hedge thereafter
Komen: so the ETF has been denied, and this chart is no longer valid.
maybe we can hit 3k later this year. but for now it´s likely to go sideways for a veeeery long time. This is the time for ETH and i hope you all invested early. Yesterday prooved it is no longer dependent on BTC
Komen: 7th dec 2017
we are close to the lower red line of the chaos channel.
this is the moment where i dont want to hold bitcoin anymore
Are you recommending moving everything to alts or into fiat?
Balas
Well, this channel is huge..we could go to 100k before it collapse..of course before that some corrction to 10k possible.
Balas
Pato99 CoinDreamer
@CoinDreamer, yes it could go as high as 25k in this run, but do i want to sleep with such stress? no for sure not!
Balas
I think it's time you updated this for a higher upside! This is still holding true - amazing! (half-joking here hehehe)
Balas
Pato99 seph_
@seph_, i dont need to update anything because everything is in the chart. The current triangle points as high as 24400 EUR
Balas
Lol this analysis is something else. Almost perfect
Balas
Major corrections due, much pump leading up to the SegWit2x hardfork, but I do see in 6 months we'll reach 10K per coin
Balas
Pato99 ok_karlo
@ok_karlo, 6 months? rather 6 weeks
Balas
Hi Pato99, it is amazing, still holding!
Balas
Hi Pato99,

I look at many charts here for learning and I always take a look at this chart for the long term path of Bitcoin. To me it seems you are still quite correct with your analysis and as far as I know one of few. However, you wrote " .. this chart is no longer valid". Is the 'extent of correctness' in this chart just coincidence and does an analysis with current data and the same indicators show something else? I do not know a lot about technical indicators else than what I read here or got from some online course material. I hope you can find the time for a response. Always intrigued by this chart.

Thanks for sharing!
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Balas
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