Bitcoin to begin rally to $318,000
Bitcoin looks poised for a parabolic rally to over $300,000. Trend Based Fibonacci Time Zones, taken from the previous bull/bear cycle, which are generally very accurate in their ability to predict not at what price something will find support or resistance at, but at what time. Very interesting, and also very accurate generally. I personally called the top of bitcoin at 63k recently, you can go and check my previous posts. I used Fibonacci time zones to do so. So it looks like Dec 27 may be a peaking point for bitcoin this year, and what will follow will be a multi year bear market where bitcoin drops 85% and Alts drop 95%. $318,000 target was take from Goldman Sachs analysis target, it is sort of arbitrary as i am mainly trying to predict when bitcoin will correct, not at what price, but if that's the peak then it will probably be pretty high, anywhere from 150-300k. It may be wise to wait to sell Altcoins 2-3 weeks after bitcoins peak because in the past bull run they went on massive rallies once bitcoin started to correct.
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