CYCLE 1
Inception- 2011 (6 June) the first cycle high $32
CYCLE 2
PEAKS: 2011 (6 June) – 2013 (25 November) $1177
29.5 months
CYCLE 3
PEAKS: 2013 (25 November)- 2017(11 December) $20,000
48.5 months - 64% OR 19 months longer than the 2011-2013 peak of 29.5months
Below are price and time predictions based on the logarithmic chart as well as an extrapolation of the time difference between the (2011-2013 ) and the (2013-2017) peaks. I used cycle tops and not cycle bottoms for these scenario casts.
NB: This is still speculation so take from it what you want.
SCENARIO 1
PEAKS: 2017(December)- 2024(June) $450,000
79.5months (48.5months+64%)
SCENARIO 2
PEAKS: 2017(December)- 2023 (December) $350,000
72 months (79.5 months but rounded off to nearest calendar year)
SCENARIO 3
PEAKS: 2017 (December)- 2023(June) $280,000
67.5 months (48.5months+19months)
SCENARIO 4
PEAKS: 2017(December)- 2022(December) $230,000
60 months (67.5 months but rounded off to nearest calendar year)
SCENARIO 5
PEAKS: 2017(December)- 2021(December) $150,000
48 months (Standard 4-year cycle)
Comment and let me know which scenario you believe is most likely.
Inception- 2011 (6 June) the first cycle high $32
CYCLE 2
PEAKS: 2011 (6 June) – 2013 (25 November) $1177
29.5 months
CYCLE 3
PEAKS: 2013 (25 November)- 2017(11 December) $20,000
48.5 months - 64% OR 19 months longer than the 2011-2013 peak of 29.5months
Below are price and time predictions based on the logarithmic chart as well as an extrapolation of the time difference between the (2011-2013 ) and the (2013-2017) peaks. I used cycle tops and not cycle bottoms for these scenario casts.
NB: This is still speculation so take from it what you want.
SCENARIO 1
PEAKS: 2017(December)- 2024(June) $450,000
79.5months (48.5months+64%)
SCENARIO 2
PEAKS: 2017(December)- 2023 (December) $350,000
72 months (79.5 months but rounded off to nearest calendar year)
SCENARIO 3
PEAKS: 2017 (December)- 2023(June) $280,000
67.5 months (48.5months+19months)
SCENARIO 4
PEAKS: 2017(December)- 2022(December) $230,000
60 months (67.5 months but rounded off to nearest calendar year)
SCENARIO 5
PEAKS: 2017(December)- 2021(December) $150,000
48 months (Standard 4-year cycle)
Comment and let me know which scenario you believe is most likely.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.