Kevin Wadsworth of Northstar & Badcharts explains the upside potential for Bitcoin.
Speaking with David Lin, anchor for Kitco News, Wadsworth said that Bitcoin is currently in the third of its bull cycle, with each one resembling an “arc.”
0:00 – Bitcoin follows cyclical “arc” patterns
6:00 – Bitcoin has followed the Fibonacci Sequence
8:50 – Can Bitcoin keep climbing infinitely?
11:00 – Gold is in a cyclical uptrend
18:10 – Can gold climb to $3,000?
19:22 – Can silver touch $100?
22:44 – Weather forecasting techniques can be applied to technical analysis
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