This is not the beginning nor the End

BITMEX:XBT   Bitcoin / U.S. Dollar Index
In September 2020, when bitcoin was 10400 I published an analysis with a 100k price target in the next 2 years, why I changed my target and duration of the bullish rally on April 13, 2021, just one day before Coinbase IPO. and on April 29, I updated my target to 42-46k between May 10-20th.
Why did I change my target?

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1-Sep 12, 2020: Bitcoin could technically soar to 100 Thousand, what next?

2- Oct 21, 2020: Do Not Trade Bitcoin , Invest in Bitcoin for The next 2 years!

3-Apr 13: History tends to repeats itself..!

4-Apr 29: An updated target for Bitcoin
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Well from what I understand while Following you is because in 17 Dec 2017 the CTO of Bitcoin sold all his Bitcoin and the market crash and before the Coinbase IPO you predicted the same thing will happen to Bitcoin again.
+2 Reply
Asheer Asheer
@Asheer, And from the Bitcoin historical analysis 2013 and 2017 all make triple top like the one in April 2021 before itcrash
Pi cycle top indicator?
+1 Reply
@Moshkelgosha are you going to tell us the correct answer?
And you call yourself a trader lol
Could it be that it just broke the support line and that old support becomes new resistance?
Because on Apr 29 BTCUSD failed to close above its 50EMA.
Reason is Big whales that accumulated bitcoins last year started dumping it on Pump of BTC. Those big whales left the chat and thus making this scenario for BTC really bearish. BTC has lost its most of its long accumulated position holding whales.
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