Published On: Sun, Nov 26th, 2017

$10,000 or $110,000? 3 Things You Didn’t Know About Bitcoin Prices

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Bitcoin prices continue to surprise both crypto markets and the wider investment community with their unique growth.
Topping Expectations
Even the most optimistic short-term price expectations now look conservative as Bitcoin prices reach $9000 and in some markets top the magical $10,000 value.
Did you realize just how much Bitcoin is growing? Depending on where you are and who you are, the most popular virtual currency really is becoming the economic miracle accessible to everyone that its pioneers envisioned it to be. In honor of Bitcoin reaching a major milestone, here are three things you didn’t know about the popular digital currency:

I’ve been charting parabolic trends for a long time. I use curved lines and not linear lines, because linear lines are for non-exponential trends. When I draw the trajectory of $BTC intersecting all tops and all bottoms, this is what I get.
— Parabolic Trav (@parabolictrav) November 26, 2017

Bitcoin is… Parabolic
In terms of trend analysis, Bitcoin has always presented a great unknown. Cycles of fast upticks followed by major corrections have made all but the biggest proponents uneasy about forecasting the future.
Those same peaks and troughs have led traditional investment …

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