I had a bit of free time and decided to make a prediction based on if the differences between the last two bull/bear cycles were a pattern. I really hope it's not, but it'd be interesting to see if it is. If correct, it means that bull markets will take longer to peak, the peaks will be smaller, and bear markets will be shorter with less pull-back. As you can see, this bull market should peak in Q3 of 2021 around 101k followed by a short bear market that ends in Q2 of 2022 around 20k. Feel free to share and follow so you can either congratulate or shame me in a couple years. Cheers :D
I strongly believe that We will get at least one more time to buy bitcoin below $5000 before the next bull season! Let's see how it goes!
Crypto_Dave_
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@CryptoEngineering, It would have to retrace over 40% before the week's close from where it's at now for that to happen. Since December 2011, every time it has smashed through the middle of the weekly bollinger band and hit the top, it's never gone back below the middle of the band so quickly. That bus has gone in my opinion. Hopping on ETH now might be your best bet to ride this wave.
CryptoEngineering
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@Crypto_Dave_, Getting closer, Dave dude. Good luck on your trade as well.