In December 16th, 2016 - BTC in 2 WEEKS DOUBLED it's price! Will History repeat?
On December 16th, 2016 -- The same as todays first pump to 20K we saw something!
At the time in 2016, we saw BTC double in price in 2 short weeks.
Let's look a bit closer exactly at this action in 2016!
The time frame from today from this date is highly correlated and could have some major confluence!
Starting exactly two days after today's date, BTC did a massive 100% pump at the time from $825 all the way to $1325 -- nearly a fully 100%.
With BTC currently hovering around 21.5K, does this mean we could see a 30K to almost 40K BTC for NYE celebration?
I believe it is certainly an option!
In the start of prior multi year bull runs, BTC has done similar behaviors so when we make predictions like this we are looking at the past history, and the market conditions at that time to make an estimated guess.
Based on this, I see the likely-hood more "probable" then not with some nice continued upside for the rest of the year!
@originate Developer & Market Analyst
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