Bitcoin is building. it's clear to see the tops and the halving events as shown in the log scale chart.
When coupled with a logarithmic indicator, the price action is currently sat on the bottom.
With banks closing and the FED's continues emphasis on money printing FIAT money - it's now only a matter of time!
To further re-enforce these beliefs the alignment with each 200 day moving average is pointing up, see the exponential, the simple and even the weighted are all in favour of a HUGE Bull run.
Taking the time to assess the the price swings, even a worse case scenario could see us reaching a $250,000 range.
I would like to extend the curve out and adjust for Inflation beating performance, due to the FED's incompetence and re-evaluate the growth potential for the crypto market.
With zero deviation S2F model is also aiming somewhere north of $200,000 - adding confluence to these levels.
Disclaimer
This post does not constitute as financial advice, actually it's quite the opposite! it is 100% not for educational purpose other than to show how crazy some of these calls are!!! our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex - he understands how the market works and how moon clowns influence newer traders with silly expectations like this with no logic backing it up. This whole post is satire for just for an experiment. Trading carries risk, majority of traders lose money, keep this in mind whilst reading the post and stay safe.
When coupled with a logarithmic indicator, the price action is currently sat on the bottom.
With banks closing and the FED's continues emphasis on money printing FIAT money - it's now only a matter of time!
To further re-enforce these beliefs the alignment with each 200 day moving average is pointing up, see the exponential, the simple and even the weighted are all in favour of a HUGE Bull run.
Taking the time to assess the the price swings, even a worse case scenario could see us reaching a $250,000 range.
I would like to extend the curve out and adjust for Inflation beating performance, due to the FED's incompetence and re-evaluate the growth potential for the crypto market.
With zero deviation S2F model is also aiming somewhere north of $200,000 - adding confluence to these levels.
Disclaimer
This post does not constitute as financial advice, actually it's quite the opposite! it is 100% not for educational purpose other than to show how crazy some of these calls are!!! our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex - he understands how the market works and how moon clowns influence newer traders with silly expectations like this with no logic backing it up. This whole post is satire for just for an experiment. Trading carries risk, majority of traders lose money, keep this in mind whilst reading the post and stay safe.
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Master the Art of Trading: amzn.to/3nUfB9r
Prop firm partners (FTMO)
shorturl.at/hBEQ4