ZtCedric

Bitcoin's road into 2032

BITFINEX:BTCUSD   Bitcoin
This is the most conservative and optimistic outlook short term as long term I can think of as provocative as it may look...
This chart incorporates data from 2014 up to 2032 influenced by fundamental ideas stated in "The Bitcoin Standard", macro analytic data from Martin Armstong's study "The Economic Confidence Model", chart patterns inspired by Opticalart and the ideas stated in Tyler Jenk's article "The Long And Winding Road To A $10 Million Bitcoin" as well as his Hyperwave study that predicts a return to the $1000 base at some point during the capitulation phase that I think has yet to happen.

According to the seen drawings, capitulation should take place around December this year with a sharp violent bounce back to the $5000 mark followed by a year-long stagnation and momentum built up in the $3000 range and a slow but steady rise back with $20000 highs being broken during '24 and the final move towards first $500000 by '26 and then 10$ million by '32 entering Armstong's next economic cycle with Bitcoin becoming the global reserve currency.
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