Doge long time frame logarithmic View from last three cycles. the first two of which the all time highs happened January but the cycle that we just passed in 2021 the take off to the all time high started January. Although history can not be viewed as a perfect predictor of future performance history usually repeats itself see yall at the top.. predictions on top are the box's labeled first and second. I came to these by measuring the past cycles total gain after breaking their previous Ath's
Moontime
Btc : $140K By February - MarchReasons why BTC is still undervualed :
- Global inflation
- US Keeps printing US Dollars ( Unlimited Supply)
- Btc is the most scarcity assest ever because Btc has Limited Supply (21 Million ), (3,7 Million lost forever)
- Technology : BTC has a technical advantage over Real-world assest such as Gold
- Mass Adoption : Btc is on it's way to becoming Globally adopted , from legalisation in countries like El Salvador and Ukraine
Reasons why i believe btc will go to 140 K :
1 : We didn't see an Mania Phase like last 2 Cycles
2: Btc is in accumulation mode for a very long Time
3: Btc just retested The Downtrend and made it Support .
Btc is still in accumulation mode I believe the real mania phase will start around January and btc will peak around 140K, historically the mania phase lasts for a little under 1.5 - 2 months so I expect 140K to be the peak and around late February - early March .