BTCUSD Logarithmic Growth Trend: 155k Max By Mid 2025
Hello all!
It has been awhile since i posted, for good reason! It has been a very boring time within the market (as expected).
We are currently in this transition phase between bear to bull market, its the time where everyone walks away filled with fear (bottom of cycle)
Save this chart... You'll never look at a "BTC" rainbow chart again. This either works or it doesn't.
BTC has followed very distinct cycles since its inception
These cycles have been dictated by each halving (as shown)
When looked at on a logarithmic chart, two indisputable lines can be drawn (tops and bottoms), there are no other ways to draw these lines and each top and bottom has perfectly touched them
This creates a logarithmic curved growth area where BTCs priced has always stayed between
Using this model, BTC should top out around 155k in mid 2025 & in the bear market that follows, it shouldn't break below 70k.
We will continue to reference this going forward but main takeaway, the macro picture is still perfectly in tact and BTC is moving as it should, with room to move down to 20k
This is the time to build and GET READY for what's to come
Don't lose sight, the green grass looks to be right around the corner!
Please comment and like!
It has been awhile since i posted, for good reason! It has been a very boring time within the market (as expected).
We are currently in this transition phase between bear to bull market, its the time where everyone walks away filled with fear (bottom of cycle)
Save this chart... You'll never look at a "BTC" rainbow chart again. This either works or it doesn't.
BTC has followed very distinct cycles since its inception
These cycles have been dictated by each halving (as shown)
When looked at on a logarithmic chart, two indisputable lines can be drawn (tops and bottoms), there are no other ways to draw these lines and each top and bottom has perfectly touched them
This creates a logarithmic curved growth area where BTCs priced has always stayed between
Using this model, BTC should top out around 155k in mid 2025 & in the bear market that follows, it shouldn't break below 70k.
We will continue to reference this going forward but main takeaway, the macro picture is still perfectly in tact and BTC is moving as it should, with room to move down to 20k
This is the time to build and GET READY for what's to come
Don't lose sight, the green grass looks to be right around the corner!
Please comment and like!
Follow me on twitter! twitter.com/traderview2
Disclaimer
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.