This is the generally accepted 4 year cycle a lot of investors/traders believe in.
This chart shows the following:
- 2013 top in November
- 2017 top in December
- Projected 2022 top in January at ~$130k.
- Projected 2026/2027 top around $500k
I'm considering the idea that this cycle will continue well into 2022 and break this long-term trend and possibly usher in a new paradigm.
This chart shows the following:
- 2013 top in November
- 2017 top in December
- Projected 2022 top in January at ~$130k.
- Projected 2026/2027 top around $500k
I'm considering the idea that this cycle will continue well into 2022 and break this long-term trend and possibly usher in a new paradigm.