Here is why we may see 1Million per BTC this time next year
I have been posting about this 2013 to 2017 ATH Fractal for about 2 years now and it is Still following on very Nicely.
PA fell below in 2022 due to the pressure from the {Pressure on Crypto from the USA and the following Collapse of LUNA and then FTX
But PA caught back on in Jan 2023 and we have pretty well been on the fractal since then.
There are a number of other supporting points that back this all up, including the Similar Monthly Candle close colours from previous years
We have only ever seen a RED August followed by a GREEN Sep and October on 3 previous occasions. 2015 & 2016 and then again in 2023 and just now , in 2024 makes the 4th.
To me, this backs up the idea that PA is following the 2013 - 2017 Fractal.
2015 August -30% Sep +18% Oct +41%
2016 August -26% Sep +14% Oct +24%
2023 August -16% Sep +14% Oct +37%
2024 August -23% Sep +30% Oct +30%
It has to be said, this years Growth does outshine the previous years mentioned due to ETF and sustained positivitey.
https://www.tradingview.com/x/VPxSWOxV/
If we zoom in to see the PA from Nov 2021 to now, we can see in more detail how this has worked out.
AND, if this continues as it has since Nov 2021, we could be seeing a near 1Million BTC by around Nov 2025
Hang on, this could get VERY interesting
PA fell below in 2022 due to the pressure from the {Pressure on Crypto from the USA and the following Collapse of LUNA and then FTX
But PA caught back on in Jan 2023 and we have pretty well been on the fractal since then.
There are a number of other supporting points that back this all up, including the Similar Monthly Candle close colours from previous years
We have only ever seen a RED August followed by a GREEN Sep and October on 3 previous occasions. 2015 & 2016 and then again in 2023 and just now , in 2024 makes the 4th.
To me, this backs up the idea that PA is following the 2013 - 2017 Fractal.
2015 August -30% Sep +18% Oct +41%
2016 August -26% Sep +14% Oct +24%
2023 August -16% Sep +14% Oct +37%
2024 August -23% Sep +30% Oct +30%
It has to be said, this years Growth does outshine the previous years mentioned due to ETF and sustained positivitey.
https://www.tradingview.com/x/VPxSWOxV/
If we zoom in to see the PA from Nov 2021 to now, we can see in more detail how this has worked out.
AND, if this continues as it has since Nov 2021, we could be seeing a near 1Million BTC by around Nov 2025
Hang on, this could get VERY interesting
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