Long-Term Bitcoin price extrapolation

7 ต.ค. 2016

I compared current run with first historical sub-waves and made an extrapolation of future historical "3" peak.

I took a ratios from subwaves 2 and 3 of historical 1.

After historical 2 I noticed volatility decreased in more than two times: 2.19

So I concluded historical 3 should be in 2.19 times shorter that 3 of historical 1, which price rise ratio was x132. So it should be around x60.3. And absolute value should be around:

159x60.3=$9588