Bitcoin and the falcon's eye
If someone asked me today, because bitcoin stands at $ 6400, I would reply by asking how exactly it was 1 year ago. Someone might not remember it maybe, I try to freshen up your memory:
Yes dear brothers, it seems absurd all this, but bitcoin in an exact year has a value of 2,32 times higher than the previous year.
But I want to show you the situation with the eyes of a noble peregrine falcon. This bird of prey has the ability to see beyond the normal vision allowed in the animal world. In order to take advantage of this advantage, he needs to climb very high, in order to have a macroscopic view of things, which allows him to go into detail when it is due.
"Go up with me you will see that the forest that burns is actually a small tree"
13 June 2013
13 June 2014
13 June 2015
13 June 2016
13 June 2017
13 June 2018
Conclusion
f we look at the price trend of bitcoin and market capitalization considering a range of one year, for all the years between 2013 and 2018 and considering the day 13 June, we will have the following situation:
On the basis of the above data, the constant increase in both the value of bitcoin and the market cap is evident, both being strongly correlated. In 2015, there was a decrease of about 50% in the price compared to the previous year. Despite this we can say that the trend of bitcoin should not be evaluated with respect to the values reached in January 2018 as many do, but compared to the trend over the years (the falcon's eyes).
Estimate for June 2019
By evaluating the price of the last 6 years and calculating all the price multipliers, we will have a multiplier for the current price of about "2.86". Therefore, being bitcoin now at the price of .... 6,433.73 $, I estimate a value of bitcoin (except unpredictable events) for June 13, 2019 of "18.400,46 $", a value similar to that achieved at the beginning of the year 2018
Thanks for reading the post and good trading at all,
S3fir0
This is how i look at it too, last year to this year price is still up. I believe we will see a repeat of this again, this is a cheep entry point if you have this opinion.
some events are unpredictable, for this reason we can only stick to random logics, but we can not deny that there is a chance that it will happen again. =)