The $3121.4 Bitcoin Chart

in #steemit6 years ago

No matter how many people you follow, no matter how accurate they may have been

They will never be 100% accurate - INCLUDING ME!

But what i want to show you today is a point of view you need to consider

This point of view is based completely off HISTORY

Figure 1.

BTC2013.png

As you can see, after Bitcoins parabolic run, it retraced by 85%!

This correction took approximately 1 year and 9 months to complete

Now lets look what happened after Bitcoin retraced 85%

Figure 2.

BTC2018.png

An 85% retracement would work out to be $3121.4

Whether or not this will happen, it is a possibility!

I plan on working my arse off and saving as much as possible

My investment strategy will be something like this:

  1. Bitcoin reaches $5000 - Invest 10% into BTC & ALTs
  2. Bitcoin reaches $4500 - Invest 15% into BTC & ALTs
  3. Bitcoin reaches $4000 - Invest 20% into BTC & ALTs
  4. Bitcoin reaches $3500 - Invest 25% into BTC & ALTs
  5. Bitcoin reaches $3200 - Invest 30% into BTC & ALTs

If this plays out, BITCOIN and the ALTs will give offer you the opportunity of a lifetime

All i can say is BE READY!

Because this will be something you do not want to miss

Hope you enjoyed this information!

<3 crypto-bo