CryptoBrrr

CryptoBrrr

Call me mr. doom but I see this playing out just like last cycle. FTX contagion has not started yet but over the next few weeks it should play out and we will see just how much these guys were intertwined with the rest of the market including TradFi.

CryptoBrrr

Yea pretty much a doomsday scenario, I will start buying in around < $14K

CryptoBrrr

OK maybe that was a clickbait title but the similarities are eerie. I expect $BTC to will bullishly break the descending triangle within the next 2 weeks and start a downward trend that will ultimately end in -40% to -50% from here. The trend may last 1-2 months. I have buy orders at $14K, $11K and $9K. Here are a few other interesting things TECHNICAL...

CryptoBrrr

Cycle 3 bear market is not done yet, I just took Jan 1 2024 as the end date **only** to make the chart look more pretty. I am not predicting the end of the Cycle 3 Bear Market.

CryptoBrrr

Chart pretty much is self explanatory. You can google the following to get more information:

CryptoBrrr

This is a comparison of the bull cycles from 2013, 2017 and 2021. I just overlaid them on top of each other, copying the performance since the halving date.

CryptoBrrr

Pretty simple chart to follow. - I have extracted the dates for the Bitcoin Golden Bul Run Ratios of 2017 and 2021 and plotted them here. - Based on today's date and the % of time left until the end of 2021 $BTC bull run, we can see where we are on the 2017 $BTC bull run - Next we can measure the % growth to the top in 2017 and apply to 2021 to see where we might end up