BTC end of year prognosis/theory
We're on the 5th and last wave of this bull run, that could lead us into the 100k by year end.
First we need to break 64k for a confirmation and then continue to make new ATH's.
It can go higher/lower and it can come sooner/later.
The faster it climbs the harder it will crash ;-)
Towards the end of this bull run, sentiment in social and mainstream media will go crazy, prophesying 200-500k, everyone and their dog will be super bullish and buying.
Beware this will bust and it will correct fast and hard. There might be a short-lived bull run after the first crash, but this is just a bull trap. (from the 2017-18 cycle)
After this wave we will be seeing a multiple year correction that will feel like a bear market.
Altcoins will crash harder!
First we need to break 64k for a confirmation and then continue to make new ATH's.
It can go higher/lower and it can come sooner/later.
The faster it climbs the harder it will crash ;-)
Towards the end of this bull run, sentiment in social and mainstream media will go crazy, prophesying 200-500k, everyone and their dog will be super bullish and buying.
Beware this will bust and it will correct fast and hard. There might be a short-lived bull run after the first crash, but this is just a bull trap. (from the 2017-18 cycle)
After this wave we will be seeing a multiple year correction that will feel like a bear market.
Altcoins will crash harder!
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