Crypto_Occultist

FRACTAL ANALYSIS. V SHAPE RECOVERY. 20% CHANCE. SEE DESCRIPTION.

Long
INDEX:BTCUSD   Bitcoin
So, i have something to share with you. This is just my vision. JUST MY FANTASY. Let's speak about it now.
***WARNING*** YOU WILL BECOME A MOON BOY/GIRL, SO REMEMBER THAT IT IS ONLY 20% CHANCE.

I used fractal analysis (took a fractal from covid dump and V shape recovery that happened in 2020), to predict what can possibly happen. During Covid dump It was absolutely the same - unpredicted conditions on the markets and bad macro economic factors in general. During 2022 dip in Crypto people has been expecting the CRASH OF FINANCIAL SYSTEM, but in general we received 9.5% CPI rates and this is it. Same was with Covid dump. People has been expecting apocalypses, but economy recovered in 6 months and a lot of people who bought crypto during these dip became a millionaires just in one year (imagine ETH for $80).

According to this theory, i think, that even stock2flow model can be still correct. Just timeframes have been changed.
So lets speak about the cycle. I think, if we will see this option playing out, than overall bullish trend of 2021 was just a pre-bullrun. Real bullrun in this case should happen in 2023 when BTC will hit $300K+ price target. THE FOMO WILL BE ABSOLUTELY UNBEARABLE. And this will be the end of this cycle and we will see another bear market (apx. since september 2023 till september 2024) with an absolute bottom for 1BTC at $70k-80k.

And just enjoy how this fractal perfectly matches everything. So according to this model - we will see $60K+ for 1 BTC at the end of this year. And $300K+ for 1 BTC in the next 12 months. Crazy? yes. Possible? Yes. Will it happen? I would say yes with a 20% chance 😁
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.