BTC Long Term Roadmap Long
Bitcoin / U.S. dollarBitstamp
Description
⋅ Key takeaways are:
Bottom is in.
365 days to -77% compared to previous 365 days to -84%, and 426 days to -87%.
If the monthly closes above 38.2% fib at 28k, we're most likely never go lower than $25 on closing basis. Chop around 50% fib $32, $35-27k range.
We'll probably top out at fib 78.6%, 49K and bounce out of 38k to ATH.
Takes about 1000 days to break ATH and another 450 days to reach the next cycle top.
Cycle top could be anywhere above 110k.