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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.


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 :-)