You are viewing a single comment's thread from:

RE: Do I Think Bitcoin Price Will Go Down To $1,000? + Ethereum Hardfork Update

in #dtube6 years ago

Thank you, Chris, for the analysis and overlay. It’s definitely hard as a perma-bull or someone who is mostly positive about BTC to not react to these predictions. It’s like someone calling your baby ugly; it’s not an easy thing to take.

I’ve found this video by Bob Loukas, an analyst from bitcoin live, extremely insightful. It reviews the cycles of bitcoin on a log scale, using the definition of a cycle meaning the space between two low points.

It maps two 4-year cycles, by week and denotes the staggering similarities between them. It goes into more so I don’t want to spoil it.

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 58495.34
ETH 2300.70
USDT 1.00
SBD 2.47