dp4379

How it all ends in 2021 !?!?

BITSTAMP:BTCUSD   Bitcoin
Macro Logarithmic Chart...

Looking at all the indicators provided, there's just so many that line up with this theory.. Including some I haven't put on the chart such as BTC Pi-Cycle (14days away from cross) and Regression Bands.

We need to pull away from the regression bands and prevent the pi-cycle from crossing in order to achieve a 100k BTC without the masses selling earlier of the 100k target. I think a 50% correction in a 5-leg macro move will achieve this pull away as well as the DXY moving up to the $94-$95 USD Resistance level/band. Once the DXY reaches the resistance a slow burn back down to the $91 support level will allow BTC to breath and make one last final burn to the finish line before the end of the year and into Jan 2022. The usual after that, a slow and painful three year bleed of BTC before another run... This super cycle theory I've been hearing about i believe is non-sense, as I believe the masses (OG investors, and the ones with substantial holdings) will stick to what they know, and not speculate on a new trend. Just my opinion.
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.