Since BTCUSD surpassed 5000 USD, I considered the next moves: Cryptocurrency Chart Watching

BTC market shows no sign of slowing down momentum. You can feel money of all kinds—good money, bad money—being converted into BTC.

In yen terms, on domestic exchangesin the 560,000 yen range or soit has reached.

Speaking of which, comedian Nobushi Kobushi Yoshimura was talked about around March 2016, when BTCJPY was around 50,000 yen: he bought 1,000,000 yen worth, and it immediately fell to 45,000 yen, saying on the radio, “I lost 100,000 yen!” (actually it was unrealized loss lol).


Source: Livedoor NewsNobushi Kobushi Yoshimura confesses a 100,000 yen loss on Bitcoin

Already a year and a half has passed since then. I couldn't find information on when he exited his position, but if you had held strong with a forward-looking investment, your assets would have surpassed 11 times your original amount, right? Probably his mental balance was too unstable, so he’s likely already sold, though I don’t know for sure.

Now, to the main topic.

I analyzed what lies ahead for BTCUSD after reaching 5000 USD.