Bitcoin at 100.000 at the End of 2018? (BTC Long Term Trend)

in #bitcoin7 years ago

Even after the recent correction we are still quite a bit off the long-term uptrend.

Uptrend channel borders now

It's a "in the middle of nowhere situation" with:

lower channel border at: 4.500
upper channel border at: 230.000

Uptrend channel borders at the end of 2018

But, where are the channel borders at the end of 2018?

lower border: 7.500
upper border: 350.000

Even though it would be healthy for the market to correct some more and to stabilize under 10.000, I can hardly image this scenario. More likely is a next wave up, after some weeks of breathtaking. 

My Guess

If I have to guess, I see BTC above 100.000 at the end of the year.

Disclaimer: This is not financial advise. I am not your financial adviser. Only invest how much you can afford to lose. Nobody is able to predict prices.


Sunny regards from Berlin (Germany),

Sebastian


PS: Follow me! I will follow back.

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