Bitcoin price analysis 190219
In my previous bitcoin price prediction from aug 2017 I guessed that Bitcoin would reach $18000 by oktober 2017. Instead it reached about $20000 by december 2017.
If we use the same trendlines we see that Bitcoin could bounce up about now, which it seems to do (as of writing $3492 maybe will pass $4000) rising from $3300 to $3900 i about 10 days.
Closeup of the bounce:
If history "repeats itself perfectly", then we could expect bitcoin to rise between the two white lines for about two years and in February 2021 start to rise again for about eight months to reach a peak of about $400,000 in oktober 2021, or should we make that december?. To the moon!!!
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I hope you're right!