[UPDATE BTC] Bitcoin: Many models, one conclusion: Bullish
Few understand...
Bullish.
However, not sure for the exact month:
- some of my models predict the BTC top to occur in July - Sep 2022
- some other models make me believe in a Dec 2022 - March 2023 BTC top
- the M1 model instead is telling me another story: another bear trap local top in 2022, a gradual blow off top increase that ends in 2024 and then a 7 years bear market.
Anyway, bullish.
Bullish.
However, not sure for the exact month:
- some of my models predict the BTC top to occur in July - Sep 2022
- some other models make me believe in a Dec 2022 - March 2023 BTC top
- the M1 model instead is telling me another story: another bear trap local top in 2022, a gradual blow off top increase that ends in 2024 and then a 7 years bear market.
Anyway, bullish.
Comment:
I wouldn't be surprised to see:
1) 58k in May
2) 35k again in July (super flash)
3) 110k-130k in Oct 2022
4) 1-year bearish market
5) 160k-250k in 2024
6) macro 7-years bear market
I wouldn't be surprised to see:
1) 58k in May
2) 35k again in July (super flash)
3) 110k-130k in Oct 2022
4) 1-year bearish market
5) 160k-250k in 2024
6) macro 7-years bear market
Related Ideas
This is the scenario (2022-2024) that follows the M1 model I did a couple of weeks ago.