History doesn't repeat itself, but it does rhyme Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Feb 27, 2021 5:49 AM

so, you want some long explanation for it all, right ?!? I don't have any ... markets are not rational ...

we should be staying between the median long term trends lines, the green lines, yet we're yet again half way some fomo bubble ...

basically ... I analyse the market very rationally to project where it should be going, and then I assume the market will do the exact opposite of that ... markets are not rational

you cannot actually explain what's happening, because none of it makes any sense whatsoever

when was the last time you actually used BTC as a currency ?!?

Comment

⋅ Feb 27, 2021 5:55 AM

next peak;
end 2021
$250-300k

Comments

Cryptalion

⋅ Feb 28, 2021 5:17 AM

History Doesn't Repeat Itself, but It Often Rhymes :)
Looks very likely! the 1 top was on june! the previous 2 tops between november and december.
Lets see how it goes this time :D

MichielVan_Kets

⋅ Mar 1, 2021 5:58 AM

@Cryptalion,

we're both saying the same thing, it's just visually shown differently

250k-400k end 2021 ... it's very likely

Cryptalion

⋅ Mar 1, 2021 7:48 AM

@MichielVan Kets, Yeap! that idea has already one year :) fantasy in the path to reality :D

shimmeringpath

⋅ Feb 27, 2021 6:19 PM

I had very similar idea recently and I agree !

MoneyMakerTrade

⋅ Feb 27, 2021 8:49 AM

Great work 👍

MichielVan_Kets

⋅ Feb 28, 2021 3:08 AM

@MoneyMakerTrade, thanks

embarrassedChe85232

⋅ Feb 28, 2021 3:19 AM

Log charts are not linear. I think the trend is correct however that high is going to be slightly lwer as this thing begins targeting final stability in the millions...

MichielVan_Kets

⋅ Feb 28, 2021 5:26 AM

@embarrassedChe85232,

a straight line on a log chart is a parabolic line on a regular chart ...

CryptoBitcoinFunk

⋅ Feb 27, 2021 7:33 AM

BTC is a store of value more than a currency. Maybe when it reaches 20+ trillion market cap it could stabilize more and then use for big transfers.