XMRBTC Perp - Stairway to HeavenNote:
Logarithmic Scale
Perp Futures
Hugging the top of the axis of the bull run from hell XMR paves her stairway to heaven. Expect a new ATH.
LOGARITHMIC
Bitcoin Long Term Price PredictionsMany have plotted similar log charts but I think this is the most accurate representation. I believe the middle trendline is important and we have already had the retest below so I lean towards the next large 40% pullback coming from much higher up.
My Initial price range estimates are between $200-$280K but my lowest conservative estimates are $150-$200K, just simply based on the info in this chart and the current macro environment, assuming nothing major changes.
Date range of May to October, more likely June to October &
bitcoin Btc daily outlookThese are the monthly camarilla pivot points. and the white lines are btc logametric growth curves. At first glance on the pivots it looks like 80k 70k or 80k might be next. However I do want to pount out this daily channel which has been respected for some time. As well as we have a daily pivot developing tomorrow 2k+ lower and a weekly pivot developing 4k lower and those newly developed points are high frequency magnet reversion points. As well as our next log growth level around 64k. So I just want to show this outlook out in the art of staying cautious and level headed.
My Bitcoin Price action Cycle Model Disclaimer : I am not Your financial adviser this is not financial advice ... Never invest more than you are willing to loose ...
Quote: History does not necessarily repeat but at times it sure does like to rime
My intentions : I would like to get exposure for a pattern or perspective I have on Bitcoin and its price action in relation to its halving cycles
Thoughts: 1,2,3,4,5??? If price action plays out like it has 4 times before then the blow off top has price action going up to $900,000 or $600,000
I have coloured the cycles purple blue cyan green yellow orange ...
Credits :
//---- Inspiration ----//
@HBK_INVESTMENT_GROUP : ("JUST GONNA SIT THIS HERE.......... Oct 21, 2020")
//---- color array script ----//
@alexgrover : (A Useful MA Weighting Function For Controlling Lag & Smoothness)
//---- Colors used in script ----//
@midtownsk8rguy : ( Pine Color Magic and Chart Theme Simulator)
//---- Halvings Script Creator ----//
@capriole_charles : (Bitcoin Bull Cycles)
The global Macro environment is also quite good for Bitcoin Money printer go Brrrrrrrrrrrrr rrr rr r
Webster’ American Dictionary of the English Language, published by G&C Merriam Co. in 1864, was the first to formally define inflation as an economic term:
undue expansion or increase, from over-issue; -- said of currency.
Btc is potentially an exit from the Debasement of the fiat currency which is the theft of our time and energy ...
My final thought is that obviously this model is far more bullish than most other Macro price action Bitcoin models
Models like : the stock to flow or the log curves classic staples
Thank you kindly for your time
take care
Updated simple log trend with ceiling at 80 NOK. There are some wild swings in this stock. So far still positive news from the company. Progress is being made, but not as fast as the market want.
Highly speculative Ethereum logarithmic regression curveHere is why Winklevoss brothers estimated high prizes for ethereum in bullrun peak.
Do remember to start taking profits / liquidity as we approach the target bubble.
As Ethereums progression reachhes 2.0 (small steps), things are gonna get excited!
BTC Prize speculation using prize peaks during previous bullrunsConsider taking some profits in the coming summer.. there will be bear year after this run.
Also possible altcoin fluctuation, maybe possible to make gains after bitcoin has reached its peak.
But everything will fall drastically after semester.
Sorry strange english, my native finnish brains make Ralli-finglish sentences.
BTCUSD: Monthly Log Chart A logarithmic look at the evolution of BTC price since its very early days
The following key takeaways:
BTC tends to extend only about 1/5 of its prior impulse move measured in terms of % increase;
BTC tends to react ≈38.20% on a logarithmic scale to form a correctional bear market;
The sub $80k area is a pivotal area to look for supply inflows.
This analysis suggests an earlier-than-expected onset of bull trend maturity stage in the upcoming few months, which might correct this lower to the $20k area.
The long term bull caseI have made a lot of comments about the long term bull case for bitcoin. Really that comes in the form of a number of different angles and analysis, which I might suggest a couple more ways of looking at things.
This one goes on the assumption that the price follows historic price action, which it often doesnt. At these prices retail traders are put off, and institution plays a vital role in propping up prices. Fair value of bitcoin is under greater focus the higher the price, and hands get weaker at tops, until new supports are created. In this run we are yet to find a floor for value. Whilst this chart doesnt show a downward price discovery, one will need to happen at some point.
This simply goes on the assumption that IF price continues to match the pattern, and we assume that percentage increase also matches, the price will top at around $320,000usd per btc.
I should note, although I am personally a longterm permabull (year timeframe), I am short term trading trends and always open to short opportunities as well as long term opportunities. This is one bullish outlook, based on certain hand-picked facts. It is not my only outlook, and I could create an equally bearish chart given the time!
Thoughts on anything in this chart are welcomed
No wonder we all can't agree. All I did was change the scale from linear (right) to logarithmic (left).
I see one saying $40-42 and the other saying $20-24.
Perspective is everything.
2. Cryptomarkets Total market cap speculation with more dataFound more early market data and tried some colouring..
Have to convince oneself after few days downhill, remember The Big Picture.
100.000 $ bitcoin in sight?Check this logarithmic monthly view for BTCUSD.
2013
Peak: 1100$
Correction middle of this channel: 300-400$
Bottom: 150-200$
2017
Peak: 19.200$
Correction middle of this channel: 6200$ (monthly EMA 50, 200, and bollinger too there)
Bottom: 3800$
2021 (2022?)
Peak: 100.000$ ?
Correction middle of this channel: 44.000$ ?
Bottom of the channel approx...: 30.000$ ?
Correction cycles around 600-800 days...
Giants like TSLA, JP, Goldman, etc... will make the 20.000$ breakout (2020) as the new 1200$ breakout? (2017) We will never see again that lows???
$100k target end of february 🚀We are going to hit the resistance in our logarithmic chart BTC/USD for the monthly February closing in 10 days = $100 000.
Then? A mega alt season is coming!
Cryptomarkets Total market cap speculation in logarithmic scaleAdding pre market data from coinmarketcap, makes it possible to draw curve that gives us estimation for coming semester marketcap peak..
Bitcoin logarithmic regression and price curve speculation.Trying to find bull - bear cycle levels with clean chart.
BTC is the best Store of value during our generations. (and while ongoing monetary policies exist)
🔥 Bitcoin Has More Room To Grow: Logarithmic AnalysisIn my previous long term Bitcoin analysis I argued that we had much more room to grow, more than 50% actually. This post is to indicate that the current bull trend is far from over and that we, most likely, will have another couple of weeks of the current market.
Seeing this week's sharp increase, the following couple of weeks will most likely be bullish too until the price reaches the upper resistance on the chart. Around that area, be wary that the price might reverse and start a bearish trend. Do your own due diligence.
Happy trading!
VET Breaking Out. Macro Target: $.40VET just broke above a line of resistance that goes back to mid 2019. The depth of the triangle it formed beneath that resistance line determines the longterm bullish target of $.41.
Projection: Crypto Marketcap will hit $83T by Jan 2023The macro of the crypto marketcap is strongly bullish. We broke above the line of resistance that we hit in Dec 2017 that sent us into a multi year bear market and the short term result was a break of $1T. However, we must keep in mind that we may very well come back down to test that line in the mid $700B before we continue our march toward $83T. I expect somewhere around $30T by the end of this year.
BITCOIN might be getting ready for the this cycle's FINAL RUN!!!Guys, I am comparing 2017's bullrun with the current situation using the log growth curves and I've found something interesting:
In 2017, the price corrected just after hitting the center log line. The price then went back to the lower log line and then up directly do the upper one, considering the center line as refference.
NOW, we have just hit the center line and corrected down to the lower one AND the price ran straight to the upper line ONCE AGAIN!
SOOOO, it's very likely we are having one last minor correction now before shooting straight to the moon. IF this happens, this cycle's FINAL TARGET should be around 105.000 USD !
Leave a comment and share this idea if you think it makes sense.
SEE YOU ON THE MOON
BTC Heading to $250k+???This log chart shows the multi-year trend BTC has continued to honor. If this continues to play out, we could see a $250k btc by Jan 1, 2022. That doesn't mean we can't see a major correction along the way, and in fact I expect one soon. But the macro is strong.
OmiseGO is about to take off 🚀OmiseGO (OMG) is ready for another impulse. Looking for a new ATH, above$10. Please not this chart is based on a logarithmic scale.
