RyanTreu
PremiumPrices of the US Dollar, Gold, and Bitcoin adjusted for REAL Inflation using the total money in circulation or M2 Money Stock instead of CPI.
Fed Balance Sheet as a leading indicator for Bitcoin future price appreciation
Assuming each Bitcoin cycle starts and ends at the respective halving dates, we can extrapolate data from the previous 2 Epochs and estimate the peak for this current cycle. Averaging the time/price data of the previous 2 cycles we can reasonably forecast a price of $400,000 to $500,000 sometime next year. A price of $100,000 by the end of 2021 is easily...
Last month Bitcoin finally reached the 3 Std level above its 4 year moving average. Once surpassed, this moving average multiplier acted as long-term support for the remaining duration of the previous bull run. I expect more sideways movement during the next few weeks. Afterwards I anticipate that we will begin the parabolic phase of this bull run!!!