Hello Steemiters,
I am Show here my T.A., throw which we see is bitcoin is able to touched $60,000 in then end of 2018.
Before i start i cleared that thing this is my personal study & reasearch, if you follow my T.A. so your profit & loss is your responsibility, my work is only show facts.
As we all know in the last year 2017 Bitcoin jump up to $19,000, we all are shocked, supprised & really happy to see price some of get good profit & some missed it or some people buy on peak to expected go more high, but after that Bitcoin drop from the peak and droped yet.
Now bitcoin almost droped upto 70% since it touch peak of $19,000.You can see in below image.
Now the question is that is bitcoin is able to go again high as some expert predict it will touched upto $60,000, is it possible.
so now you can see the below image, where i explain & give my opinion on $60,000.
In the fist selected region it start by july 2017 & end up to dec 2017. Which is the peak time of Bitcoin.In this time in just 6 month Bitcoin shoot upto 18166 height & up to 1001%.
So by taking this both value we can asume the future price of bitcoin.
In the 1st scenario :
I am taking Bitcoin as height value which is 18166 from july 2017 to december 2017.Now we take this same value in this year from july 2018 to december 2018. so we got a result. which is almost $24,000 by the end of this year.
In The 2nd Scenario :
I am Taking the value of % which is 1001% in mid of july 2017 to december 2017.Now we take this same value in this year from july 2018 to december 2018.So we got the result, which is almost $64,000 by the end of this year.
So it really possible for Bitcoin to touched $60,000 marked if it go or behaved like previous year. But bitcoin have habit to break there all time high again & again, so we can't take this value as perfect.
I think this help you all to understand the way of bitcoin behave.
Now i am waiting of your all suggestion what you think about Bitcoin?
