Based on various indicators I have, we are following the 2014 trend at present. Here is what that looks like in theory.
Sub $10k prices and a full year long bear market.
Sub $10k prices and a full year long bear market.
Comment:
Another update for the lucky few who decided to pay attention. I will not post new chart. While hopium continues to rule the roost, this prediction remains frighteningly on target. If the trend remains, capitulation will occur beginning shortly.
The next bull cycle would begin around June 2023, though it is possible that it could begin earlier around the end of 2022.
If the trend continues, I plan to live entirely in crypto starting from the end of the year.
Another update for the lucky few who decided to pay attention. I will not post new chart. While hopium continues to rule the roost, this prediction remains frighteningly on target. If the trend remains, capitulation will occur beginning shortly.
The next bull cycle would begin around June 2023, though it is possible that it could begin earlier around the end of 2022.
If the trend continues, I plan to live entirely in crypto starting from the end of the year.
Head and shoulders pattern has formed on the daily timeframe.