Bitcoin indicator $100K in 4 weeks
The "Bitcoin log growth curves" indicator by quantadelic suggests Bitcoin could be going to 100K in the next 4 weeks.
5/9/11 Log growth curve was at 6.4 when the
BLX was $6.99. 4 weeks later the log growth curve was at the top at 10 when the BLX topped at $31.90, a 356% move.
11/4/13 Log growth curve was at 6.4 when theBLX was $327.56. 3 weeks later the log growth curve was at the top at 10 when the BLX topped at $1177.19, a 259% move.
11/13/17 Log growth cuvve was 6.4 when theBLX was $8030.24. 4 weeks later the log growth curve was at the top at 10 when the BLX topped at $19764.51, a 146% move.
Now the log growth curve is at 6.4 when Bitcoin is at $53618. It is possible the log growth curve could be at the top at 10 when the Bitcoin price is at $102.714, a 91.6% move in the next 4 weeks.
Time will tell if history repeats itself for the 4th time.
5/9/11 Log growth curve was at 6.4 when the
BLX was $6.99. 4 weeks later the log growth curve was at the top at 10 when the BLX topped at $31.90, a 356% move. 11/4/13 Log growth curve was at 6.4 when the
BLX was $327.56. 3 weeks later the log growth curve was at the top at 10 when the BLX topped at $1177.19, a 259% move.11/13/17 Log growth cuvve was 6.4 when the
BLX was $8030.24. 4 weeks later the log growth curve was at the top at 10 when the BLX topped at $19764.51, a 146% move. Now the log growth curve is at 6.4 when Bitcoin is at $53618. It is possible the log growth curve could be at the top at 10 when the Bitcoin price is at $102.714, a 91.6% move in the next 4 weeks.
Time will tell if history repeats itself for the 4th time.
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