My prediction - take it or leave it. (Trading View Analysis)

I dont post here a lot, but wanted to share with you some of my predictions that could happen using my Moving average charts on trading view.

I will take you back all the way to 2013 first.

https://i.redd.it/rm6l4drp7u611.jpg

Here we hit the peak of the highest point so far BTC ever was on 11-28. Far above the 365 day moving average (and all others for that matter.

By April of 2014 BTC was more than half of its peaked value just 5 months earlier.

https://i.redd.it/ue1ipr758u611.jpg

2014 was a very slow year. In fact, the whole year BTC never recovered to its peak and by the end of 2015 BTC had fallen 70% from its peak. for half of the year BTC was below the 33 day MA, 55 Day MA, and 365 day MA.

https://i.redd.it/ycy7iyhk8u611.jpg

Half of 2015 BTC kept moving down, but the MAs were catching up. By July BTC had reached the 365 day MA at $272.

https://i.redd.it/ufonq7yz8u611.png

By October 2015 BTC had divergence with all the moving averages at $276.

https://i.redd.it/b1vmlzc99u611.jpg

Then for the entire year of 2016 BTC was very prosperous. It had spiked back above the previous record.

https://i.redd.it/ovig54gk9u611.jpg

Again, 2017 was the best year BTC has ever had. It peaked to $19,000.

2017 was almost identical to 2014.

https://i.redd.it/drqz2wpx9u611.jpg

Where are we now? BTC has taken an almost IDENTICAL trend to 2014. We are just now getting below the 365 day moving average.

https://i.redd.it/vgdk0c96au611.png

So based on this pattern -- My prediction, which means nothing, is that BTC will have down periods for the next year and a half. This is a great accumulation period. Buy BTC at any time during this down trend - By the end of 2020 BTC could easily be $190,000.

Submitted June 29, 2018 at 06:04AM by beafraidofmyanus https://ift.tt/2tEQvfh