BITCOIN - BULL MARKET CASE

11 ก.ค. 2019

Hi everyone

It's a bit too soon to be overly bullish on Bitcoin. We need to break the previous all-time-high in 2017 around 18.5K and that's when the retail interest will ramp-up very fast and we'll assist to a possible multi-years upside (please muh famili :p)

I flagged the investment strategy of this publication as neutral because I'm only talking here about a multi year long term investment and the purpose of this analysis is to show from which price we'll get a X2/X3/.. on Bitcoin with a fair probability
On the short-medium term, I stay persuaded that dollar cost averaging is by far the best solution for most of us, but in case you wondered when the BULL MARKET will start, I think we have a viable answer here.
History tends to repeats itself with crypto assets

I'm using logarithm bollinger bands applied on a logarithmic scaled chart for this analysis
Credit to fskrypt for this indicator

Enjoy
Dave