Coming up on 11 years and only 2 red candles for BTC. $13,900 is the level we need to close in order to be repeating this same pattern for the last cycle. 3 years accumulation just like last time. If we are to follow this we should be testing the ATH by the end of the year and 2021 should be the start of another leg up. People are throwing some really large numbers around which I think is possible depending on whats actually going on but realistically the returns are in fact diminishing and relatively we would only be getting to around 100k - 150k if that at all. somewhere around 80k - 90k is what i think is more likely. This is only my opinion and not financial advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.