Freeonlineuser

Bitcoin v Silver

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Freeonlineuser Uppdaterad   
Bitcoin vs Physical Silver gives a calmer view of bitcoin value increase.

It follows a repeating trend of bitcoin supply halving (yellow), followed by supply shock run-up to correct value (orange circles).

Each halving has consisted of 3 phases (blue) we are entering the breakout price discovery phase, with potential 15x return against silver.
Kommentera:
Bitcoin just broke out of silver price consolidation, moving UP.
yet

Bitcoin not breaking out against Gold 1/BTCXAU yet.
Kommentera:
Breakout not achieved, more sideways (maybe some down) consolidation.
Kommentera:
Breakout achieved, more confidently this time.

Kommentera:
given we've broken out, I recalculated and including the current price change. 12x increase from current position is estimated not 15, but who's counting? peak at 85000 on this scale
Kommentera:
ready to bounce up

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