Thanks, added that to the chart, I have been bearish after witnessing a 55% crash from ATH, same as last ATH cycles, after a 55% crash, bear market follows.
Stretchio
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@blueboy356886 I really cannot see 64k being the end of cycle. a) too low b) too early. I would not see another break down to accumulation zone 30-40k as a big problem. I would continue to accumulate in that zone.
blueboy356886
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@Stretchio Diminishing returns, sounds about right to me.
Stretchio
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@blueboy356886, Diminishing returns are a certainty. I just can't see shorter cycles.
Halving - November 28th, 2012 $12
12 months - November 25th, 2013 $1160 100x
Halving - July 9, 2016 $650
11 months June 11th, 2017 $2970
18 months - December 17th, 2017 $19700 24x
March 12th, 2020 $4000
Halving - May 11, 2020 $8700
11 months - April 15th 2021 $65000 16x
19 months December ??? Looks bearish.
mauretto432
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@Stretchio, When I read forecasts like this, I wonder why you don't understand that in a short time you will see this BTCUSD between $ 5,000 -10000 ... Dear mom, these new generation trder what a senseless financial culture they have .... $ 270,000 you say ..I say 27000 $ first and then in crumbling it will end at 10000 $ by April / May 2022
@Stretchio, You are a first-rate trader ... there is little to see .. take away those three dollars that you have bet from crypto brokers, then you have to publish the Panini football stickers of the oratory ..
Stretchio
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@mauretto432, No idea why you are taking someone else's idea on things so personally. BTW this is an old trade idea, I exit at around 40-50% gain. I'm currently not in BTC waiting for direction. I wish you the best on your trades, I will be a buyer at 5-10k in May I expect.
mauretto432
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@Stretchio, Instead, I invite you to no longer be absolutely acquiring what THE BITCOIN WORLD WILL BE IN GENERAL, BUT TO EXPLOIT THE NFT WORLD = BLOCKCHAIN WITH SEVERAL ACTIONS ON THE MARKET READY TO EXPLODE..bbig ONE OF THESE ..