TradingView
dariusab
Mar 6, 2021 3:02 AM

BTC to $130k by late May Long

Bitcoin / U.S. dollarBitstamp

Description

Alright ladies and gents . My last bitcoin price prediction hit almost perfectly and here's my next one ...

As always, I compare cryptocurrency historical charts to get an idea of what I can expect in the future, and yes it pays off.

I also expected this near -30% correction we just had in late February. Compared to the last bull run in 2017, this -30% correction actually took place around March 1st close...VERY close to the one

we had this year, which is what I refer to as (Phase 3) in the bull run. I expect the month of March to be fairly slow, but a massive move is coming (Phase 4) and it will shock us all. During Phase 4, we

will witness a +200% run up for Bitcoin lasting until late May before another -30% correction. That would bring the price of Bitcoin to $130,000! Hard to believe, I know. But when has Bitcoin done

anything short of insane. Again, this is all comparing to the last bull season. Once again, I expect for at least half of March that things will be slow. Massive momentum will kick in mid to late March

and won't slow down until late May. Get your bags ready because this will be one of the biggest moves we've seen yet...
Comments
MegaWhale
Thats a great analysis! good work
dariusab
@MegaWhale, thanks!
z8r5ktxu32
I feel like there’s a target low we have to hit before the bears are satisfied. Every advance at a breakout just gets smashed to hell. The first bull trap got me. I’m just gonna sit on my hands and hodl and hope you are a prophet. Thanks for the optimism. Love it.
dariusab
@z8r5ktxu32, that is possible but if it does come down, max bottom would be something like 40k. Which was what I was expecting anyway. I didnt actually see a full 30% correction this time around but I was satisfied for the most part with the 26% correction we just had. Although I am keeping in mind that there might be a small bull trap before we do actually continue higher. For spot trading, these are definitely safe entry zones. Those that are leverage trading need to be more careful right now, even with low lev
louisboy7
Have sended you a dm, im curious to what lvl it will go in a few days, i will share my thoughts than :) have alot
dariusab
@louisboy7, 200 ema
louisboy7
Thanks for fast respons btw :) im still a wake haha, 5 in the morning here
More