DawkinsHawkins

Predicted parabolic rise modeled from last Bull Run

Long
BITSTAMP:BTCUSD   Bitcoin
Always good to take a step back and zoom out. We're undoubtedly at the beginning of an epic bull run that will most likely run over the next 6-12 months. A pull back at the previous all-time-high was expected and is playing out similar to previous events. Even a 30% correction puts us months ahead of the last bull run price action. Hashing power looks to be on a recovery and will soon indicate a strong buy signal. Everything before this was simply just constructing the launch pad... It's going to be a wild ride. HODL and BTFD.

Go back to the halving when I first created this chart. Bitcoin has outperformed expectations consistently.

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