Well you've stumbled upon the post and may be taking the bait on my thesis, I'm in the market for some peer review so let me elaborate.
As investors, we recognize the law of diminishing returns as an immutable characteristic of that old hag mother nature herself, to alter it would be the market equivalency of an anti-gravity device. But 50 years from now when we look at the Yearly BTC chart what will the sharp ratio have to say about us hodlrs from the 20's
In 2019 most of us that held leftover BTC from the 2017 cycle thought the price increase was almost a joke, it was bullish but no one seemed to believe it youtubers complaining about the price increasing because "the 4 year cycles man .." it was short lived it wasnt manic or peaky it kind of just rolled over Kind of like what we are doing right now I mean bull runs dont end in accumulation phases right, they peak. They dead cat bounce they go bearish
I present you with the Idea that maybe the 4 year cycle has broken NO NOT LIKE THE MOON BOYS what about a 1 year cycle what about a rising channel what if we top out at 65K go back and test in the low 20K's spend the year there and then make another move in December again after Q3 earnings come and BTC is at 23K it would be the intitutional buy of a lifetime not to mention all of us would be sitting around thinking that was it at 65K What if we have a major retrace from here to the .786 and consolidate into another 2 year triangle before another breakout what if we have a "failed " 2022 rally but really its just a massive consolidation pattern that plays out in 2023 food for thought let me know what u think of this or if you all were looking at this pattern
As investors, we recognize the law of diminishing returns as an immutable characteristic of that old hag mother nature herself, to alter it would be the market equivalency of an anti-gravity device. But 50 years from now when we look at the Yearly BTC chart what will the sharp ratio have to say about us hodlrs from the 20's
In 2019 most of us that held leftover BTC from the 2017 cycle thought the price increase was almost a joke, it was bullish but no one seemed to believe it youtubers complaining about the price increasing because "the 4 year cycles man .." it was short lived it wasnt manic or peaky it kind of just rolled over Kind of like what we are doing right now I mean bull runs dont end in accumulation phases right, they peak. They dead cat bounce they go bearish
I present you with the Idea that maybe the 4 year cycle has broken NO NOT LIKE THE MOON BOYS what about a 1 year cycle what about a rising channel what if we top out at 65K go back and test in the low 20K's spend the year there and then make another move in December again after Q3 earnings come and BTC is at 23K it would be the intitutional buy of a lifetime not to mention all of us would be sitting around thinking that was it at 65K What if we have a major retrace from here to the .786 and consolidate into another 2 year triangle before another breakout what if we have a "failed " 2022 rally but really its just a massive consolidation pattern that plays out in 2023 food for thought let me know what u think of this or if you all were looking at this pattern