BITSTAMP:BTCUSD If the bulls are strong enough BTC could go to 50K! [BTCUSD]
When all the elements come together!
I am not sure if bitcoin will continue but I want to share this long term perspective with you all.
In 2011 it took BTC 2.5 years to grow 3.800% from its all time high of 30 to 1.200
in 1013 it took BTC 5.0 years to grow 1.600% from its all time high of 1.200 to 20.000
50.000 would mean a 3.800% from 1.200
Again... I have no idea if BTC will make it to 50.000 in the short term but I hope this chart will inspire you.
Let me know if you think BTC will cross the 20K again in the upcoming weeks
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