You that the angle of that is under 19 degrees gives us reason for hope because it is not big increase. Okay, if the angle is over 30, then I would not even post all these targets but this is just to help you explain potetial of Bitcoin. You must know that this trend will 99% be broken, but the question is when??? This is also PROOF and I think that I am the first person that has proof that BTC can reach 100k in 2018!
This analyze is logic too because this is showing that BTC will be pretty calm in next 2 months so we can expect to see alts keep growing but I will personally start booking profit around 1st March and prepare for BTC uptrend.
This is TA, but is there update for BTC that can cause increase in price? Yeah, but before that I just want you to understand that 100k is "just" 5 times gain from current all time high ( 20k ). So maybe it looks like an insane price but actually in % it is nothing special. Also, marketcap required for this is 1.7 trillion and that's is not so big because I think 3 trillion market cap will be reached in 2018 and it is just 4 times higher than current one. But what is the update that can cause this enormous growth? In my opinion it is definitely LIGHTING NETWORK. We are thinking that we are too far from this but this can happen in 2-3 months. I was trying to find more sources and I checked on twitter, and conclusion is that we are not to far from this technology. Exactly what is lighting network will be shared in some of the posts in upcoming days but it is technology that will help us to send and receive BTC almost instantly with fee of few satoshies!!! This would cause HUGE expansion of BTC and also this is step that would help BTC to becoma payment method. So, I hope you like it. A lot of people asked me my opinion about BTC in future and this is my answer. This is also reason why I am thinking only to grow BTC. I don't care about BTC value because it will grow!
Also, this analyze as I said is offering us chance to geon our BTC in few weeks. Yes, BTC can jump tomorrow, but I this analyze is focused what is the lowest potential price according to this chart. If this trend get broken, we will just get the angle that is even lower than 19 degrees and established support would be even stronger so sooner or later BTC target of 100k$ will be reached and in 2019 it is possible to see 1 mil price per 1 BTC. Good luck to all of us ❤️🙏