I'm going to have to take some serious time explaining how I came to this conclusion, and it's going to take a real chart nerd to actually want to hear me out on it.
Long story short, I have examined the bubble pattern which the Bitcoin chart has repeated roughly 6 or 7 times at a minimum. I've come to the conclusion that this current move is the first peak of a local double top, which will be followed by a retouch of 42k before making the final leg up on this bull run.
I'm predicting a bear market for Bitcoin that will last from Summer 2021 to as late as Spring 2022.
While I'm still working on my figures, I believe I've found the single most important pattern in Bitcoin technical analysis and that I will be able to predict the next moves with a high degree of accuracy.
Time will tell.
If you are interested in my analysis of the pattern please let me know. It's probably going to be long winded, but the visuals are insane.
specific predictions:
63-65k top as soon as March 1st
42k bottom as soon as March 7th
Break All Time Highs by late March with a nauseating ride up to 100k by April 20
Blowoff top around 250k by late May.
If this turns out to be correct I'll be able to confirm the S Curve Adoption pattern, and then I will be able to start charting it out even better. These next 3-4 weeks should be wild!!
Long story short, I have examined the bubble pattern which the Bitcoin chart has repeated roughly 6 or 7 times at a minimum. I've come to the conclusion that this current move is the first peak of a local double top, which will be followed by a retouch of 42k before making the final leg up on this bull run.
I'm predicting a bear market for Bitcoin that will last from Summer 2021 to as late as Spring 2022.
While I'm still working on my figures, I believe I've found the single most important pattern in Bitcoin technical analysis and that I will be able to predict the next moves with a high degree of accuracy.
Time will tell.
If you are interested in my analysis of the pattern please let me know. It's probably going to be long winded, but the visuals are insane.
specific predictions:
63-65k top as soon as March 1st
42k bottom as soon as March 7th
Break All Time Highs by late March with a nauseating ride up to 100k by April 20
Blowoff top around 250k by late May.
If this turns out to be correct I'll be able to confirm the S Curve Adoption pattern, and then I will be able to start charting it out even better. These next 3-4 weeks should be wild!!