Bitcoin - Beginning of a new cycle
Updated
Beginning of a new cycle
I am starting from time cycles. I have been talking about November 2022 since December 2021. November is not over yet, and we are near the bottom or at the bottom.
Catch the very bottom - it would be great, but based on the experience of the previous cycle, buying at 3k, 4k, or 5k was not a mistake. Of course, I have been waiting all this time for the 13-9k. I do not rule out that this goal can be achieved through cascading liquidations on some bad news.
Yes, I am starting to accumulate both Bitcoin and some other tokens of promising projects at these levels.
In general, I decided to make a public portfolio with a 100k initial deposit in which I will make spot trades and share it with you and see what profit I can make in a few years. Let's call it a public experiment.
Logistic curve
Speaking of BTC's future targets, we cannot ignore the stock market. Following my analysis, I see a local correction in the SP500 index. In previous times, the crypto followed him, but I would like to assume that a certain number of traders in the stock market will decide to invest some of their funds in a deflationary financial instrument - Bitcoin at some reasonable price levels. I think it is a smart idea against the backdrop of upcoming events.
I'm expecting targets around 28-32k closer to May 2023. After that, there will be a correction not lower than the last bottom and then only up.
Best regards,
EXCAVO
I am starting from time cycles. I have been talking about November 2022 since December 2021. November is not over yet, and we are near the bottom or at the bottom.
Catch the very bottom - it would be great, but based on the experience of the previous cycle, buying at 3k, 4k, or 5k was not a mistake. Of course, I have been waiting all this time for the 13-9k. I do not rule out that this goal can be achieved through cascading liquidations on some bad news.
Yes, I am starting to accumulate both Bitcoin and some other tokens of promising projects at these levels.
In general, I decided to make a public portfolio with a 100k initial deposit in which I will make spot trades and share it with you and see what profit I can make in a few years. Let's call it a public experiment.
Logistic curve
Speaking of BTC's future targets, we cannot ignore the stock market. Following my analysis, I see a local correction in the SP500 index. In previous times, the crypto followed him, but I would like to assume that a certain number of traders in the stock market will decide to invest some of their funds in a deflationary financial instrument - Bitcoin at some reasonable price levels. I think it is a smart idea against the backdrop of upcoming events.
I'm expecting targets around 28-32k closer to May 2023. After that, there will be a correction not lower than the last bottom and then only up.
Best regards,
EXCAVO
Note
In this post I talked about how it was going to be even before the achievement in November that I predictedNote
:)Note
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