Bitcoin price speculaiton on December 2022 using Fib Circles
Updated
Where Bitcoin could possibly end up using the Fib Circles. This is only speculative but very very real. Let's consider all the infinite QE into the money system that has no end. This is the US Dollar Fiat system that is now on a collision course to a Zimbabwe or Weimar Republic, Germany hyperinflation catastrophe. We may see a $250,000 Bitcoin price tag by the end of 2022 or the 1st/2nd quarter of 2023.
Note
I am leaning more to a 2021 possible run on btc because of the 4-year cycle we have on Bitcoin. What I mean is that the Bitcoin halving has a 4-year cycle event that does affect the price values on many of the altcoins in this market. For example, 2013 was my first Bull run ever experienced and then 2014-2016 we had three years of a bear market followed by 2017 the Bull run. Likewise, 2018-2020 marks the next 3-year bear cycle with 2021 being the Bull run. I thought 2022 was going to be the next Bull but now I am more in agreement with 2021 along with other factors as Pantera Capital (plus other respected TA individuals) and the Stock to flow chart by Planb suggests.
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