BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
A cleaner macro perspective.

Long May 2020.

Target: 190K.
Comment: Same idea applied to Total Marketcap: https://charts.cointrader.pro/snapshot/9...

Target Marketcap: $18 Trillion 2023
Same idea applied to Total Marketcap: https://charts.cointrader.pro/snapshot/9YELE

Target Marketcap: $18.5 Trillion 2023
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IF...BTC does it one more time 190 K is kind of low, isn't it? The last 2 runs have peaked around 15x that of the previous ath. That would be more like 300K. If BTC is following an Elliott ABCDE on the monthly, then it might top closer to 800K.

All of that is dependent of IF BTC has any umph left. Normally once everyone plainly sees the pattern, having had three spikes like that, the market is dead.
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toateotihuacan Jeff_Cryptopop
@Jeff_Cryptopop, 190K is anything but low! Of course, if altcoins die, maybe the stage 2 rocket will coast upwards, but 190K is the conservative target.
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