Bitcoin: A Long Term View And Possible Bull Market Targets
Updated
The above is purely my opinion, it is by no means certain. I'm frequently wrong. And trading/investing in Bitcoin at present is extremely risky.
Note
Having also reviewed the pre-Mt. Gox markets in 2011 and 2013 it appears that each successive bull market and base is longer than the previous one. With that in mind, we could reasonably expect to see the present bull market last longer than that in 2013, in contrast to what is indicated here in the blue boxes. All the same, I would expect price to hit the vicinity of the upper band at around the middle of 2018.
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