Estimate Bitcoin price (long-term)

in #money • 7 years ago (edited)

Hello,

I share my analysis on the projection of the price of bitcoin in the long run, using Waves of Elliot. 

We are currently on the wave d-e of the corrective phase. I estimate that we are going to spend three to four months on the descending triangle until we complete the wave pattern, and then, in the last quarter of 2018, we begin our impulse phase again. 

Source

During these three to four months we could be moving between $ 6500 and $ 8500 dollars per bitcoin.   

Note: This is a personal opinion and is not an investment advice.   

Always remember to invest, in this type of speculative markets, only that capital that you are willing to lose.   

For news information about cryptocurrencies and crypto-trading I recommend the accounts of:   

@ crypt0 @cryptopassion @haejin  

#bitcoin #blockchain #cryptocurrency #trading
7 years ago in #money by
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     7 years ago  

    You have a minor misspelling in the following sentence:

    share my analysis on the projection of the price of bitcoin in the long term, using Waves of Elliot.
    It should be in the long run, instead of in the long term,.

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