1. Technicals (A Productive Approach):
1.1. The Degree of Growth increases "gradually".
1.2. Elliot Waves are considered Productively & not Reactively. Time & Price distortions are quite possible. Future is uncertain.
1.3. Best "Long-term Entry", now on, would be in between $17 - 24K. So, it is an estimation, or approximation.
1.4. Dubious, but highly probable: a bounce from $23.7 - 27K can be started fluctuating & not directly to $80K.
1.5 From "Pattern Analogy" between Last Cycle & this ongoing one, I would set targets at $100 - 130K.
1.6. Presently there is no vivid divergence between Price Chart & RSI (14). As a result, correction can be Mid-term (70-90) which has already been started about 3 weeks ago.
1.7. Divergence between Price & RSI (14) in Weekly Timeframe can be the simplest Exit Signal.
1.7 Four Bases of Growth could be deemed based on Harmonic Patterns. But, they are just patterns & reality can go to extremes. Well! Then, the 1st was finished some 3 weeks ago. There are 2 or 3 more Bases for Growth.
2. Fundamentals:
2.1. BTC is getting mature & performs more Technical & more kind of a stock.
2.2. Production increases Supply by higher prices & decreases its' Demand. Higher prices do rise Supply. More supply from Firms happens while prices are higher.
2.3. More eagerness from people can cause serious decisions from governors - specifically by the US state due do Money Absorption which was previously headed to Forex & such markets & now is shifting to this industry.
3. Portfolio Management (Personal Opinion Only):
3.1. Exit about $100K - 70%
3.2. Exit about $ 130K - 30%
Important Note: It is a totally personal IDEA. Not for serious investment. Not adoptable & advisable or suggestable to those who are not familiar with Financial Markets.
Let me know what is your feedback.
Thanks for reading.
1.1. The Degree of Growth increases "gradually".
1.2. Elliot Waves are considered Productively & not Reactively. Time & Price distortions are quite possible. Future is uncertain.
1.3. Best "Long-term Entry", now on, would be in between $17 - 24K. So, it is an estimation, or approximation.
1.4. Dubious, but highly probable: a bounce from $23.7 - 27K can be started fluctuating & not directly to $80K.
1.5 From "Pattern Analogy" between Last Cycle & this ongoing one, I would set targets at $100 - 130K.
1.6. Presently there is no vivid divergence between Price Chart & RSI (14). As a result, correction can be Mid-term (70-90) which has already been started about 3 weeks ago.
1.7. Divergence between Price & RSI (14) in Weekly Timeframe can be the simplest Exit Signal.
1.7 Four Bases of Growth could be deemed based on Harmonic Patterns. But, they are just patterns & reality can go to extremes. Well! Then, the 1st was finished some 3 weeks ago. There are 2 or 3 more Bases for Growth.
2. Fundamentals:
2.1. BTC is getting mature & performs more Technical & more kind of a stock.
2.2. Production increases Supply by higher prices & decreases its' Demand. Higher prices do rise Supply. More supply from Firms happens while prices are higher.
2.3. More eagerness from people can cause serious decisions from governors - specifically by the US state due do Money Absorption which was previously headed to Forex & such markets & now is shifting to this industry.
3. Portfolio Management (Personal Opinion Only):
3.1. Exit about $100K - 70%
3.2. Exit about $ 130K - 30%
Important Note: It is a totally personal IDEA. Not for serious investment. Not adoptable & advisable or suggestable to those who are not familiar with Financial Markets.
Let me know what is your feedback.
Thanks for reading.