JayanVarsani

BITCOIN - MAPPING OUT EXIT PLAN | LOGARITHM BULL MARKET TARGETS

Long
BNC:BLX   Bitcoin Liquid Index
  • Potential exit strategy for Bitcoin
  • I will begin selling (only) small amounts past $100,000 in order to secure profit before a collapse
  • Past $150,000 I will begin selling a significant size of my holdings in order to secure and realise the tremendous gains
  • I would be perfectly happy and satisfied with selling at this price even if price goes to $200,000+
  • I will hold a reasonable position and never sell this regardless of the price. This would be approximately 20% untouched and in cold storage
  • Whilst also never fully selling the remaining 80% in order to still have holdings available in order to capitalise on even higher prices and profit regardless of where we top out at
  • As a result, sell band is thus $150,000-$200,000

  • Expected to crash and collapse to the 200WMA as history has proven, which would coincide with the lower logarithmic demand band
  • Bear market bottom will not be stated and confirmed as this is highly experimental and would need adjusting after we officially top out, hence you may infer the chart for any ideas
  • Cycle mapped based off the previous 2 high-low cycles whilst accounting for a possible 3/4 month extension of the bull market to not end in December as people may all think but rather top out a few months later
  • Over time, the cycle length will get longer and longer as the market cap rises and as volatility drops
  • Please note that long-term forecasts given all-time highs with no real historic data is highly experimental and can vary vastly compared to the final outcome
  • Let me know your thoughts and exit strategies for this market and how you'd play it out

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.