Goldbitcoin
Bitcoin to the moon!I've done this analysis about 5 months ago! and now I see the first stage of it has came true! ,I mean the retracement part still :)
I think Bitcoin will pass Gold's market cap and it will be soon.
Note that this target is just approx. and may not be reached exactly!
But it may goes around ~ 250k $ to 500k $
After hitting this ATH, I think the previous two cycles patterns (as you can see from the chart) will repeat again and the price will go up to hit the channel's ceiling! and this could be a 3 to 4 years of a bearish BTC market :(
By the way, another less probable scenario is that, a big fundamental news may help Bitcoin to smash the channel from the bottom, and then it is BTC that will really goes to the moon! :)
What do you think?
TVC:XAUBTC
BINANCE:BTCUSDT
OANDA:XAUUSD
XAUBTC - BTFD ideaGold is an interesting chart to use for purpose of calling bitcoin tops and bottoms, and conversely when to buy gold. XAUBTC looks to fall around 30% more for buy zone
Goldbtc XAUBTC Gold in Bitcoin 6 KG Gold for 1 BitcoinSeems in two moths one will need to pay 6 KG Gold to get one Bitcoin.
Gold/Bitoin: One more move down...One more move down... and one more very last move down... and one more...
But then, at some point, there's just BOOM!!... and the upward slingshot movement starts!
Or am I looking at this the wrong way?
(Note: we are looking at the Weekly chart)
