This is my first share but wanted to share what I am thinking about 2021 about Bitcoin and where I think we go from here...
My opinion is I find Bitcoin very calm over 2021 compared to 2017 run and this is not finished and I am thinking that we are gonna extend over 2022 but how? That's what I am trying to predict here. This is why I made this idea trying a attempt to pinpoint how high and where the top could be. I think its fair to say beginning of April you will get a top of around 150-220k. No guarantees with this idea but I found it a interesting one to make / share it. Let me explain.
2013 parabolic to top it took 2 months, 2017 parabolic to top it took 3 months. Now what if the current bottom is the final bottom to the parabolic top. You guess it what if I now calculate 4 months that will bring the top to around 4 April 2022 of 220k. I placed Fibonacci at each parabolic to explain how I come to this theory. I am aware I might not use fibs in the correct way. But I use them to highlight this idea and get it out as fast as possible.
Where does the price of 220k comes from? By following the parabolic top of 2017 as a indication you get to 220k on 4 April. If you do the same minus from 2013 to 2017 from the parabolic tops then you get a top of around 150k. So you get a possible top between 150k-220k based on this calculation.
My opinion is I find Bitcoin very calm over 2021 compared to 2017 run and this is not finished and I am thinking that we are gonna extend over 2022 but how? That's what I am trying to predict here. This is why I made this idea trying a attempt to pinpoint how high and where the top could be. I think its fair to say beginning of April you will get a top of around 150-220k. No guarantees with this idea but I found it a interesting one to make / share it. Let me explain.
2013 parabolic to top it took 2 months, 2017 parabolic to top it took 3 months. Now what if the current bottom is the final bottom to the parabolic top. You guess it what if I now calculate 4 months that will bring the top to around 4 April 2022 of 220k. I placed Fibonacci at each parabolic to explain how I come to this theory. I am aware I might not use fibs in the correct way. But I use them to highlight this idea and get it out as fast as possible.
Where does the price of 220k comes from? By following the parabolic top of 2017 as a indication you get to 220k on 4 April. If you do the same minus from 2013 to 2017 from the parabolic tops then you get a top of around 150k. So you get a possible top between 150k-220k based on this calculation.
Might post something new in the future when I see something nice on the charts again. I took profits at 43k when I saw my prediction was wrong thats alright.