This chart shows how in our final run we bounce between the same two levels of the log regression line, and then we take off. The first cycle shown here (2013) we basically shot straight up and reached our high in 28 days from the marked position. In the second cycle (2017), we bounced around, took a sudden drop to liquidate longs, and the shot straight up. In...
We are in the macro final wave before a more sustained correction.
I am expecting the cycle to top out around the end of this year. Bear market low into 2022 will be around 40k. Highs this year could round off in a distribution phase like we saw in the first half of this year. This chart compares to 2017 but there are huge similarities to the 2013 cycle. If you compare 2013 to 2021 you see that the volatility has been...
this is going to happen quicker than everyone else thinks
We are in the final stages and about to start setting higher lows, and then break out of this pattern. We will probably dip below the lower horizontal support in sort of a fake out and then shoot back up.
This is amazing news. We are following this fractal perfectly. Get ready for a wild ride. I am looking to take some profits in the high 2000s to put into bitcoin when the ETH/BTC ratio is at its peak.
Took a fractal from the same timing in the previous bull run. We may go to 28k at the lowest, but it will be followed by a violent swing past the all time highs. It might be worth DCAing into a position as we go lower.
its possible. note that this fractal would have to be lengthened. poses the question of if the entire bull cycle will be longer
Heres a comparison between the fib retracement for both breakouts. If we are to continue similarly I would expect 12.5k by October 15-16.