Bitcoin Long Term Charts Thread

ITT we analyse long term Bitcoin charts and discuss where the price will be over the next few years.
I think we'll touch the $7200 range again, before beginning the next moon mission in mid-April.
The time to accumulate is NOW.

Attached: Bitcoin-Cycle-Phases.jpg (1870x813, 305K)

More details.

Attached: CryptoTrendy-BTC-Forecast.jpg (582x1924, 342K)

Sandwiched in between the majority of despair and pink wojak posts, seems legit. No sarcasm

Whatever the majority of biz thinks, do the opposite, make actual money.

We'll see about the timeline, but I was wrong on the acceleration to 5 digits, so I may be wrong on 6 and 7 too

Attached: 1516815357302-biz.jpg (477x338, 40K)

Why is it on a log scale?

Because exponential growth. This article explains it pretty well: www.investopedia.com/ask/answers/05/logvslinear.asp

Also see pic related.

Attached: Bitcoin-Current-Cycle.jpg (1679x925, 251K)

sorry OP, there aren't enough annotations on this chart, I can't read it

Try this one.

Attached: Bitcoin-Parabolic.jpg (874x639, 60K)

My expectation is $100K BTC by end of this year. Then crash to 20K in 2019. Then up to $1M by 2021.

holy shit nice fucking color choice

yellow with white
colorful shit everywhere

looks like 6 TA's mixed together

dumb

it has no reason to go to 100k this year

OP's scenario more realistic