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Bitcoin continues to decouple

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Different projections for Bitcoin price to go up to 100,000$ possibly in 2040. In the year 2017, we saw the last all time high (~20,000$). In 2019, we had another peak (~15,000). All the peaks since the birth of Bitcoin is above the Bitcoin growth curve (yellow line that acts as the supporting base). The thin white lines are Bitcoin logarithmic growth curves which...

brishtiteveja Updated 

It's not all that completely random if you look at the price actions. There's strip or zones where it bounces back and forth, tries to test support and resistance. Sometimes it can be erratic. It's like tracking a macro-economic trend. After the bull run up to 14K, now it's short term bearish, as it's forming lower highs and lower lows (2nd chart). But on a...

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Bitcoin price has been historically supported by 200 Weekly moving average. Even after the recent price dump due to Corona virus is being recovered from that support line. However, Bitcoin log growth curve has been broken for the first time, therefore it's still not time for a bullish call. Last year during the bear market, we have seen that 21 Weekly EMA crossed...

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It seems the bounce off after the crash was predictable from the cross of the two macro trendline

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Clearly the winner is Bitcoin! I wanted to compare stocks with bitcoin for long range. So, I compared data since before my birth like 1983 up until now for the most popular stocks and two most popular cryptocurrencies: Bitcoin and Ethereum. S&P500, Nasdaq 100 shows the aggregate stock market trend and for individual stocks I have used FAANG(Facebook, Apple,...

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This is a chart which compares Bitcoin and Ethereum with Gold, S&P 500, NASDAQ 100, FAANG (Facebook, Apple, Amazon, Netflix, Google), Tesla since 1985.

brishtiteveja Updated 

Drawing parallels with the year of 2014, it is fair to say that 2018 was a correction year for bitcoin. 2019 and thereafter will most likely be uptrending. What do you think?