...and then drew lines into the future trying to guess when the next big price spike would happen and how high the price would go. The price of Bitcoin in December 2015 was $325 and I based on my stupid photoshop comps I predicted that Bitcoin would hit $3,000 by Dec 25th, 2016.
I showed this to a few of my quant-programmer friends who shrugged and told me told me I probably had no idea what I was doing. Hahah.
Much to my own surprise, my prediction ended up being pretty close! The price didn't spike until June of 2017, so it took 18 months instead of 12, but the price did go up 8x to $2,800!
On Thursday, I decided to get my gamble on. After over two years of watching the price of Bitcoin, I had a hunch that it would continue to exhibit fractal growth-patterns (self-repeating at different scale).
Spent Friday using Photoshop to compare previous wave-events in the price of Bitcoin. All my obsessions with fractals finally had some "real-world value" when I decided to make some fractal predictions about the possible future-price of Bitcoin. Back on this particular day, May 8th 2015, Bitcoin was trading at $240 USD. (A little over two years later in August 2017, it's at $4000 USD - almost a 20x increase!)
