BTC | Long-Term Log Chart | $1,000,000+ by 2026
Using the Fibonacci retracement levels from 0 to 1.618, with the .618 line acting as the entrance to the "bull market doors", I charted BTC's potential fractals all the way to 2026, or the 4th halving cycle.
This model is not based off the lengthening cycle theory, as that may occur according to many other analysts.
The fractals for the 4th cycle (2022 and beyond) are based off the previous cycles and will change obviously.
Overall, calling for 150-300K BTC between 2021 Q4 - 2022 Q2; the quicker the local top arrives, the lower the blow off top. Vice versa. "Time is on our side" - Benjamin Cowen
For ~2026, or the 4th halving cycle top, I am calling anywhere between 1-3 million BTC.
I personally won't be selling my BTC until the end of the decade, even then I will probably just borrow against it so I don't spend it.
My profit taking near the local tops consist of altcoins, namely ETH and VET. But as Bitcoin is king, the whole will market follow the trajectory of BTC, or at least until the other crypto-assets decouple from it. Which I don't see happening anytime soon.
Good luck to all!
Psy
This model is not based off the lengthening cycle theory, as that may occur according to many other analysts.
The fractals for the 4th cycle (2022 and beyond) are based off the previous cycles and will change obviously.
Overall, calling for 150-300K BTC between 2021 Q4 - 2022 Q2; the quicker the local top arrives, the lower the blow off top. Vice versa. "Time is on our side" - Benjamin Cowen
For ~2026, or the 4th halving cycle top, I am calling anywhere between 1-3 million BTC.
I personally won't be selling my BTC until the end of the decade, even then I will probably just borrow against it so I don't spend it.
My profit taking near the local tops consist of altcoins, namely ETH and VET. But as Bitcoin is king, the whole will market follow the trajectory of BTC, or at least until the other crypto-assets decouple from it. Which I don't see happening anytime soon.
Good luck to all!
Psy
Note
**Not financial advice, DYOR, limit margins to 2-3x.
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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.
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.