This Chart Shows Why Bitcoin Can Go Higher Than $6,000

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Historically, of course, legendary investors such as Warren Buffett have advised against buying assets when their price is high, arguing that the best way to make money is to buy low, and, ideally, sell high. Yet a chart created by an influential analyst and investor illustrates why he predicts the Bitcoin price could go higher still — and in fact, may reach as high as $7,400 before its next significant dip.

http://fortune.com/2017/10/21/bitcoin-price-chart/

This Chart Shows Why Bitcoin Can Go Higher Than $6,000 | Ecency