Schizochart Year 2: Disproving the Power Law Corridor...
Updated
...With an even more bullish scenario.
I combined some dude's circular fibs + an approximation of the S2F levels + PLC and then added a fourth circular fib with the top being at PlanB's estimate. It revealed to me that this is the last major cycle for bitcoin, and we will soon break out and never return below this level.
You're living in history times.
I combined some dude's circular fibs + an approximation of the S2F levels + PLC and then added a fourth circular fib with the top being at PlanB's estimate. It revealed to me that this is the last major cycle for bitcoin, and we will soon break out and never return below this level.
You're living in history times.
Note
Let's see how well support holds--or if it even does. I was expecting 35k in feb so this is a bit of a surprise to me. If Jan is red I expect stocks to crash, which could cause BTC to continue to plummet to 20k in the worst case scenario.
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.