Let's be honest, we all knew it was coming... Zoom out on the 4H chart and you might notice something rather odd. Now, you must concentrate and analyse the highs and lows of this complex analysis I've supplied you, perhaps take notes. A very Bearish pattern forming over 141 days of which Bitcoin ( BTC ) has varied in price from 29,000USD to 65,000USD, these Pump...
This is a humble idea for this current bitcoin cycle. I took 3 previous cycles and projected their avarage differences taking S2F targets as a reference. I noticed the (small) possibility of two main peaks: one during the end of 2021 and one for the end of 2024. I can't imagine a final peak during the end of 2021 because this will result in a similar cycle lenght...
Bitcoin behaving like a plant: the golden (Phi)nomena. Please see my other idea of going to $330.000 by the end of 2020, beginning 2021: youtu.be (german).
Just take a look at the chart and be smart! The writing is on the wall when to buy BTC !! - Never !NEVER! broke below weekly 200 SMA (close) - start of the bull run when BTC manages to cross the weekly 21 SMA (close) Not your keys, not yout Bitcoin Cheers Christian
If the fractal pattern repeats, we could see a pretty bullish few weeks ahead soonish for ETH. This would fit the 1 year ETH hype cycle. Imho, ETH is pretty undervalued right now. Metcalfe price is way above 1000, since the number of users and the number of transactions has kept growing exponentially, yet, the price of ETH has not grown a lot compared to other...