With Bull-Mania back in play...
I was pontificating in my M3 active trader group today, about where the next market top could be, based on the Pi Cycle Top which has been very accurate in the past.
When I saw it cross back in 2021, I thought to myself 'If must be wrong because we're going to $100k' but obviously we were all wrong about that.
So this time, it's worth looking at the past, and having an idea of the future.
The reason I've specifically picked the $210k area, is that's the Fib 3.618 target from the market cycle lows, and we saw that hit exactly from the 2018 lows to the 2021 high.
But also, because that's my best WAG (Wild Ass Guess) of where the Pi Cycle Top lines will cross.
So we shall see... It seems incredulous to consider a $200k+ price on Bitcoin by the halving.
But with all the wind at our backs (See my other published ideas about the 9 factors that could ignite the next Bull Rally, and turn it into a forest fire), we could certainly see some huge upside.
Not likely, but possible.
What do you think? Let me know in your comments below.
I was pontificating in my M3 active trader group today, about where the next market top could be, based on the Pi Cycle Top which has been very accurate in the past.
When I saw it cross back in 2021, I thought to myself 'If must be wrong because we're going to $100k' but obviously we were all wrong about that.
So this time, it's worth looking at the past, and having an idea of the future.
The reason I've specifically picked the $210k area, is that's the Fib 3.618 target from the market cycle lows, and we saw that hit exactly from the 2018 lows to the 2021 high.
But also, because that's my best WAG (Wild Ass Guess) of where the Pi Cycle Top lines will cross.
So we shall see... It seems incredulous to consider a $200k+ price on Bitcoin by the halving.
But with all the wind at our backs (See my other published ideas about the 9 factors that could ignite the next Bull Rally, and turn it into a forest fire), we could certainly see some huge upside.
Not likely, but possible.
What do you think? Let me know in your comments below.
23-year investor, trader, and early investor in Bitcoin & crypto.
For more information visit:
Moonstream Crypto: www.Moonstream.io/M3
Custom Indicators: www.CryptoMastery.org
Blood in the Streets Report:
www.moonstream.io/report
For more information visit:
Moonstream Crypto: www.Moonstream.io/M3
Custom Indicators: www.CryptoMastery.org
Blood in the Streets Report:
www.moonstream.io/report
