Broad stroke analysis of bitcoin prices from 2013 to present day
Exponential graph with curved trend lines starting and ending at multiple points in time all tend to predict a price of $7,500 by 2019-01-01, or a minimum price of that amount on that day.
Trend lines all show a closing pattern that implies must come to an end on or about that date, except for the upper bound line which tends towards infinity.
Therefore, the balance of probability is that after that date the price will be a minimum of $7,500 and with an undefined arbitrarily high upper limit. This is probably a good time to buy.
Trend lines all show a closing pattern that implies must come to an end on or about that date, except for the upper bound line which tends towards infinity.
Therefore, the balance of probability is that after that date the price will be a minimum of $7,500 and with an undefined arbitrarily high upper limit. This is probably a good time to buy.