Bitcoin Came Back Right in Time!

The uptick hitting 600 USD today tells us that Bitcoin is right on track. Here is a video that I uploaded today.

The orange line represent miners revenue stats (available at blockchain.info or at the Quandl.com). As you see in the video, it took 55 to 57 days to print higher high after halving day.

Today (4th of Spet) is 54th days after halving and this uptick move hitting 600, clearing all previous small candles represent this wild animal spirited Bitcoin is still right on track. 

If history repeats, they may walk the path that they made 7000% price hike after halving day, end of November 2012. If (yes big IF) this is the case, Bitcoin price may hit 30,000 USD. 

Only the catch is this wild animal does not gives any clear correlations with other assets such as gold or interest etc. This guy moves pretty much whatever they like to act. So we just need to keep an eye on it. 

Miners revenue stats is just a tiny clue and yes, far from overall picture however, I hope this video may gives a slight clue what we are heading for. Thanks for reading!