Correct me if I did my calculation wrong, if the bull market would indeed get one more final wave we should expect this third impulse wave to end around 6600-6875. Bringing us to a total marketcap of $110.000.000.000 USD.
Where would we get this new volume from? One idea I have is that we could see huge amounts of ICO money flowing out into bitcoin because of regulatory bans, pumping bitcoins price above ATH and setting its final run. Other reasons could be world wide economic uncertainty that will fuel a decentralized non-governed world currency.
This chart is just a quick idea but I found it worthwhile to share. If you like it, leave a comment or like.
-TheTrex
Where would we get this new volume from? One idea I have is that we could see huge amounts of ICO money flowing out into bitcoin because of regulatory bans, pumping bitcoins price above ATH and setting its final run. Other reasons could be world wide economic uncertainty that will fuel a decentralized non-governed world currency.
This chart is just a quick idea but I found it worthwhile to share. If you like it, leave a comment or like.
-TheTrex
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We hit ~6000 USD!