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RE: Bitcoin: The ULTIMATE Long Term Analysis Chart @ Bitcoin Pizza Day :-)

in #bitcoin3 years ago

Either Bitcoin falls through its historical ascending support line that started the last day it was at 6 cents in 2010 or else go straigt to 1M within 2 years. If scenario 2, then Bitcoin will never again be as cheap as it was in the coming weeks, because we'll know it for sure by August. Time to load the boat.

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what should be the "bounce zone"

29 May should be last opportunity Bitcoin could touch 5K, but it better start diving soon then. 6k-6.5K seems more realistic within the next 2 months. That is where you should put your Precious Pearl at the Bottom of the Holy Grail :-)