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BITCOIN at $100000 by early 2022. Is it possible?

Long
BNC:BLX   Bitcoin Liquid Index
I am sure the question in most of Bitcoin's (long-term) investors minds is this: How high can the price go during this Bull Cycle and when?

In other words what most of us who have been accumulating BTC throughout this Cycle want to know is "When to book profits". Among the various long-term models I've published, the current one matches the $100000 top expectations with the longer cyclical life-span very harmonically.


** Before we start, please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **


** 1st Cycle **
So let's start from the very beginning and the 1st Bull Cycle (-2011). I've scaled this Cycle from start (0) to finish/ top (1) on the Fibonacci Channel. That allows to roughly time the top, which is seen 2 months after the (3.5) Fibonacci time extension. Notice also how the bottom of that 1st Bear Cycle (and start of the next Bull Cycle) was made near the 0.382 FIbonacic retracement level.


** 2nd Cycle **
If we apply the very same reasoning on the next (2nd) Bull Cycle (2011 - 2013) we seen that the top was made 2 months before the (3.0) Fibonacci time extension. This is 0.5 points sooner than the previous (1st) Cycle. However the bottom of the (2nd) Bear Cycle (and start of the next Bull Cycle) was again made near the 0.382 Fibonacci retracement level.


** 3rd Cycle **
The (3rd) Cycle made a Bottom again near (in fact on) the 0.382 Fibonacci retracement level and if we apply the principle that every top is 0.5 points sooner that the previous Cycle on the Fibonacci time extension, then we can time the top at 2.5 on that scale. If that's 2 months before it, then we have a potential Market Top on March 2022. According to Bitcoin's Parabolic Growth Curve, there is room for the price to be around $100k by then.


Do you think that model is accurate? Are you waiting for $100000 to cash your BTCUSD in this cycle? If you have any alternative to suggest, please share it! Like, subscribe and share your ideas and charts with the community!

** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **

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