***didnt realize you can't delete ideas once you publish them!! I thought i could keep editing them.. sorry. I cleaned the chart up a big, added the standard curve everyone else has applied. Interesting where that intersects on the fractal, a longer flat area on the parabola up.
Obviously quite speculative. Not a high quality regression analysis at all, just using a one simple metric, the decreasing % increase from bottom to top of each cycle. interestingly it lines up with the fractal ..
A higher quality regression analysis fyi; youtube.com/watch?v=YuwPHL-H...
fractal 1 (turquoise) ; 2013 run ( iam of the opinion we are repeating this part of the cycle, this one gives much less corrections to trade, which is ideal for whales/manipulators as it will leave more people behind as they try and play corrections and thus create even more fomo) (it also means BTC could just keep going into some real crazy numbers after this next top)
fractal 2 (RED); 2017 run (seems to obvious, everyone is looking at this one)
March 2022 is a month to watch closely and be cautious.
Important price points to watch and be careful at:
1. 30k ish - maybe a strong correction here
2. 45k ish - could actually be a top, ill post another separate idea on this one
3. 68k ish - the top of the standard curve everyone is doing
3. 85k ish - again another potential top as everyone sees 100k as the target so they drop it early
4. 100k ish - 100k is going to be a strong psychological number, like a 1000 proved to be, so 120k ish top blow off above that would make sense also.
5. 320 ish - Mt Everest fractal copy and pastes. mega moon missions. possible?...yeh. anything is possible with this new paradigm of money. that includes 0 on bitcoin.
This is obviously very speculative and just reading tea leaves. :) but its fun right. Perhaps the future price of bitcoin won't be so 'obvious' using curves and basic number sequences or more complicated regression techniques. How about if it gets 'hacked', or 'breaks' significantly. Or a murky character comes out of the depths proving to be Satoshi.. anything is possible.
Goodluck, have fun.
Obviously quite speculative. Not a high quality regression analysis at all, just using a one simple metric, the decreasing % increase from bottom to top of each cycle. interestingly it lines up with the fractal ..
A higher quality regression analysis fyi; youtube.com/watch?v=YuwPHL-H...
fractal 1 (turquoise) ; 2013 run ( iam of the opinion we are repeating this part of the cycle, this one gives much less corrections to trade, which is ideal for whales/manipulators as it will leave more people behind as they try and play corrections and thus create even more fomo) (it also means BTC could just keep going into some real crazy numbers after this next top)
fractal 2 (RED); 2017 run (seems to obvious, everyone is looking at this one)
March 2022 is a month to watch closely and be cautious.
Important price points to watch and be careful at:
1. 30k ish - maybe a strong correction here
2. 45k ish - could actually be a top, ill post another separate idea on this one
3. 68k ish - the top of the standard curve everyone is doing
3. 85k ish - again another potential top as everyone sees 100k as the target so they drop it early
4. 100k ish - 100k is going to be a strong psychological number, like a 1000 proved to be, so 120k ish top blow off above that would make sense also.
5. 320 ish - Mt Everest fractal copy and pastes. mega moon missions. possible?...yeh. anything is possible with this new paradigm of money. that includes 0 on bitcoin.
This is obviously very speculative and just reading tea leaves. :) but its fun right. Perhaps the future price of bitcoin won't be so 'obvious' using curves and basic number sequences or more complicated regression techniques. How about if it gets 'hacked', or 'breaks' significantly. Or a murky character comes out of the depths proving to be Satoshi.. anything is possible.
Goodluck, have fun.
Note
well this is going on point really. i really wish i had of made the fucking fractal colours darker!! its hard to see them. especially the blue which is looking awfully like the one.will / can we really hit 300?? yeh i think we could.. will update as we go. still expecting heavy fuckin shinanigans around 88k. G*D give me the strength, foresight and wisdom to play that part of it well.
gl;;; will update.
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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.