Bitcoin trend value

As of 17 January 2018 the long-term* trend value of Bitcoin is $4605.

So Bitcoin would have to fall approx 49% from its current level to revert to its trend value.

Bitcoin daily price [2012-2018] (17 Jan 2018)

*”long-term” in this case meaning from 2012.

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History of Bitcoin

The chart below plots the price of Bitcoin from July 2010 to November 2017. The price on the Y-axis is plotted on a logrithmic scale (as the price has grown exponentially).

History of Bitcoin chart

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