Pi says 130-140k per bitcoin soon, then bear market with macro. Honorable mention to the repeating Bart Move.
Just an idea I was playing around with, Dow Jones on this long parabolic move and the resulting crash wIll be fantastically devastating for the american people, again.
If we are indeed in the run then I expect this within the next 12 months. All the FUD and Ethereum lives on for another cycle.
This seems reasonable to me, within 448 days from now (by May 5 2025) you will most likely see bitcoin between 120k -130k. This falls in line with historical log data, it even looks right on the chart and it includes a halving event. The 200 week and the 300 week are the guides, the mean. We are above all the key moving averages right now and in a technical...
I'm watching the 200 and 300 MA as the mean, we all know what direction its going long term. FEDFUNDS paused, shit still swirling in regional and local banks, hidden bailouts, FDIC balance sheet, bonds, treasuries, national debt increasing at a rate never seen before. I think we have all the signals we need, don't you? I know its hard to understand if your...
If they keep developing this park the way they have been the past 20 years you can expect another 1000% rise in share price. This is not mentioning their other parks around the country, most of which are not notable but do generate revenue. They also have a reputation for putting competition out of business.
I wanted to stretch the run out so it seemed like a realistic forecast. I think it could go down like this, but it will likely be a bit more volatile then a year long consolidation. We could see another significant drop as well which I didn't present here.
I wanted to do a more elaborate write on this chart and I may as the next year unfolds. Current situation does not look like late 2013, it is highly unlikely we will see the parabolic J formation by year end. We have broke the 200 day MA on multiple occasions since April, when price goes below the 200 day MA history has shown us that bitcoin could back test...
In 2018 I was pretty sure 6k was our bottom, then the bottom fell out to 3k. A gentlemen here on Tradingview had posted a chart prior to the drop to 3k that said HOT AIR in the space between 3-6k. I commented on his post, something like, yeah right buddy, It ain’t gonna happen, look at how stable BTC has been at 6k. When it dropped to 3k I got a response...
As you can see price is above all moving averages, BTC back test of the 200 day held and sparked a bull run to the 200 week MA, who knows maybe we can cross it for an epic blow off top!
280k sounds crazy in 6 months, but honey badger don't care, never did. Everything is getting more expensive across the board and hodlers are not going down without a fight BUT....... when you start talking about paying the house and cars off, financial freedom, quitting your job, maybe starting your own business, maybe getting your long over due medical...
All my charts on Bitcoin are long, always go long, don't swim with the whales. Since its very inception the people involved in the Bitcoin network have wanted to hold their Bitcoin in hopes of it increasing in value. I find tons of addresses on the blockchain that are mine and hold, buy and hold, cold wallets all over the place. Some unexplained miner in the...
It sure looks like the same pattern repeating again on a smaller scale, I expect a return to 40k.
I wonder if the last two blow off tops point to the next one by drawing a simple straight line connecting the peaks. I have seen fib circles point to the same conclusion of somewhere in the 200k range, and the similarities to the last cycle is pretty incredible. We have Elon on board which bring positive sediment, now wheres the FUD? Mt Gox? Scaling? ...
If were pushing toward another bull run then I would expect to see something like this in the next 6 months.
Two scenarios, chart speaks for itself.
This is simply a reversal of the 2 year parabola thats formed, the reversal ATH lands on December of 2021. A faster time frame than my previous chart on BTG. So far, the relief of downward pressure has not let up, I'm looking for BTG to start holding its own at $5 diverging from Bitcoin a bit.
Bitcoin Gold stands the test of time and proves itself rising back to $100-$300 by November 1st, 2022.