This update shows the current NVT indicator situation.
In my opinion, there are two most likely scenarios of the incoming bullrun.
Both scenarios reach around $ 140,000. This is calculated from past cycles.
SCENARIO 1 - It takes the same time as the previous cycle. - Correlation with halving. - Bitcoin currently looks like the beginning of bullrun. SCENARIO 2 - It takes more time. This is a calculation based on previous cycles. Each cycle lasts longer than the previous one. - It doesn't correlate with halving. - Correlates with NVT indicator
Personally, I would like the scenario number two. However, I want to be objective. I see the situation fifty-fifty. In any case, I think that we will soon look back at 5K, where it will be a great opportunity to invest. Don't be overwhelmed with emotions, set your take profit around $ 130,000 and enjoy your 26x initial investment.
About 90–95% of the traders /investors CONSISTENTLY lose money on Crypto Market either in a bull or bear market. This is a well-known and publicized statistic.And it’s true!