This post addresses basic cycle theory. Parabolic curves and parabolic trends. Yesterday the world laughed at Bitcoin and said that it was a BUBBLE.
Today the whole world is in a bubble and the entire financial world is a ponzi scheme. Ironically we only need to look at examples of yesterday (Bitcoin et al) to understand how this is going to play out.
In this chart I simply analyse a very clean cut, tidy looking and VERY obvious parabolic trend. I cannot tell you when this is going to happen, or how far up this is going to run because that would be attempting to "time the market", as everyone knows this is a fools errand. But what i can allude to is that which is VERY likely going to be the outcome. Anyone looking to play leveraged trade positions up here.......... is akin to a game of Russian-roulette with 5 chambers loaded.
For a more comprehensive breakdown with examples, please click the below image: