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SebastianofMoon
Aug 24, 2020 10:51 AM

When BTC new ATH? The fractals reveal it. Long

Bitcoin / U.S. dollarBitstamp

Description

Comparing this runup to the last one after the low in the 3k area, we see a very similar behavior until now.
If this continues, we should reach 20k sometime in late october, or mid November at the latest.

I suspect that we'll see a longer flat/sideways period, until we'll push towards new ATHs, above 20k, probably
in mid 2021. By late 2021, we should reach the final ATH of this cycle.

I still suspect at least 100k, but due to global events such as very high inflation of fiat currencies, especially USD, it could reach 150k,
even 200k in a very optimistic scenario.

The whole runup and timeline is quite similar to 2016-2017. We are now where we were in mid to late 2016.
Good times are coming :)

Comment

BTC is taking a bit more of a relaxed approach, but the idea still remains the same. 20k by year's end, 100k-200k by the end of 2021.
Comments
ProjectSyndicate
upvoted. appreciate your effort!
SebastianofMoon
@ProjectSyndicate, Thanks, and you're highly welcome :)
hujianghua
Thank you very much for your hard work.
SebastianofMoon
@hujianghua, Thanks a lot, no problem, it's more like a hobby than real work, hehe!
SDlektric
@hujianghua, I appreciate it and everything - but this is not "hard work".
ovibercea
I see your TA, I upvote.
Thank you for sharing this!
SebastianofMoon
@ovibercea, Thanks a lot for your kind words, and you are highly welcome :)
Putrid_Shittgenstein
I agree with you, but then that's the Reset.
GJMRealEstate
love the fractals

two bull runs in the next 200 days

700,000 - 900,000 as the final top

just my humble opinion
ReallyMe
Hi! Push "Play" button on the chart. What do you see?
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