The purple price-action is representing the last 4th phase of the previous Bitcoin cycle. As we can see the correlation is stunning. Thanks to this fractal I have been able to predict any major price swing including the last 2 corrections (and their depth).
This fractal is screaming for another enormous leg-up that will take us up to around 87k for Bitcoin until the end of this month. Seems unrealistic?
We experienced the same kind of movement in December and February, when after a pullback we exploded to the upside by 140% and 104% respectively. It took us 28 and 30 days to do that.
My fractal is pointing at 87k to be reached by the 27th of March. This would mean a price surge of 101% in a time span of approximately 29 days which is incredibly in line with what happened the last 2 times.
Great idea! How does the chart look when you plot the entire fractal from 2017? Do you think it will play out so correlated as it has so far and what is your prediction for this cycle top? Cheers, mate.
Berkley101
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80k+ not before September '21... then 90-300k in December 21'
lucamodena
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@Berkley101, I can bet 1 ETH that Bitcoi will hit 100k before end of May 2021. Are you willing to take this bet? ;)