2022 All-Time Highs Inward Bound Confirmation Candlestick Close
2022 All-Time Highs Inward Bound Confirmation Candlestick Close on Heiken Ashi Candlestick.
Bitcoin by July of 2022 will hit all time highs above 69k; and is probably going all the way to 120k; but may retest 69k for confirmation and encounter resistance at 85k levels.
Staying between the paralell channels, bitcoin, unless forming a sharp/sudden tripple bottom around 33k can go as high as a million dollars. We will likely never see another 33k Bitcoin again.
In all my years of forensic forex and blockchain research, economics, education and knowledge, I predict that bitcoin will stick to the logarithmic/exponential scale/chart UNTIL at least half of the worlds wealth exists in blockchain because fiat currencies still exist in an exponential supply relative to the supply of bitcoin; the world wealth is not an infinite supply, but Bitcoin is the finite supply. It will eat half of the worlds wealth and so will Ethereum (ERC20) tokens too. While bitc. We will break the log chart one day; but only when the market cap of crypto is > half the worlds wealth or greater than 200 trillion; we have 100x to go from here in the year 2022 at least; then Bitcoin will trade like gold does now.
Gold might not ever trade like bitcoin does, but will be worth exponentially higher. This is my short prediction of world economics coming over the next 20 years. Thank you for watching/listening/reading.
EMJ All the way
Bitcoin by July of 2022 will hit all time highs above 69k; and is probably going all the way to 120k; but may retest 69k for confirmation and encounter resistance at 85k levels.
Staying between the paralell channels, bitcoin, unless forming a sharp/sudden tripple bottom around 33k can go as high as a million dollars. We will likely never see another 33k Bitcoin again.
In all my years of forensic forex and blockchain research, economics, education and knowledge, I predict that bitcoin will stick to the logarithmic/exponential scale/chart UNTIL at least half of the worlds wealth exists in blockchain because fiat currencies still exist in an exponential supply relative to the supply of bitcoin; the world wealth is not an infinite supply, but Bitcoin is the finite supply. It will eat half of the worlds wealth and so will Ethereum (ERC20) tokens too. While bitc. We will break the log chart one day; but only when the market cap of crypto is > half the worlds wealth or greater than 200 trillion; we have 100x to go from here in the year 2022 at least; then Bitcoin will trade like gold does now.
Gold might not ever trade like bitcoin does, but will be worth exponentially higher. This is my short prediction of world economics coming over the next 20 years. Thank you for watching/listening/reading.
EMJ All the way
Twitter: @EvanJon6287480
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