BitcoinLong
Current BTC Cycle and the 2017 Cycle Fractal
Some Grade A, premium BTC hopium for you:
If the 2017 cycle price action is reduced down slightly (price, not timing) and lined up with the first peak of the 2021 cycle double top (in April 2021), the price action on a macro scale is eerily similar, especially for the bottom range and the run up. Recently, price overextended from the 2017 fractal during the ETF pump, but has now converged back to the 2017 fractal. If we continue on with this fractal, BTC will top out at around 580K in April 2025. That's about a 9x.
I personally don't think it will hit that target, but I'm hear for it if it does!
-Da_Prof
If the 2017 cycle price action is reduced down slightly (price, not timing) and lined up with the first peak of the 2021 cycle double top (in April 2021), the price action on a macro scale is eerily similar, especially for the bottom range and the run up. Recently, price overextended from the 2017 fractal during the ETF pump, but has now converged back to the 2017 fractal. If we continue on with this fractal, BTC will top out at around 580K in April 2025. That's about a 9x.
I personally don't think it will hit that target, but I'm hear for it if it does!
-Da_Prof
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