Bixley

Bitcoin Top Target BLX $250K

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
Using the .618 Fib line we can assume this is where we are within the 4 year period of Bitcoins run
Previous runs have shown rejections at this point, which is evident with the current rejection
I am placing my target at ~250k by the end of the 4 year Period
After this a Bear market may be entered
Don't underestimate BTC ..

I do have thoughts however that this run will be propelled by Ethereum and the DeFi / NFT craze that has occurred, and a few assumptions based on chart structures
If it is propelled by Ethereum , this will be a first




Comment: End of 4Year period by mid 2022