jojo69
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October 29, 2018, 07:10:25 PM

I love this guy's insane charts.


Yeah sorry, that chart is batshit.

First off, the trend lines should be shown curving down, as our parabola clearly has a flattening trend at this point.

Second, there is no reason at all for any real upside until we organically collide with the lower bound.  Once we reach it we will bump slowly and haltingly up it for some time.

Only after that action has established itself over $20K will re really get going again, easily another 2 years if not longer.