I subscribe to the FA analysis of BTC possibly becoming a global SoV and perhaps an international reserve currency. I believe it's MC upon realizing this will be in the 4-14 trillion range. This growth curve fits what's already happened, and BTC potentially continuing on that path. It pays special attention to the halvenings.
I subscribe to the FA idea that bitcoin is a long term global SoV. The parabolic idea is one that captures that growth. Here's my take on it with attention given to the halving.
1) we broke through the green cloud after hitting 20k... then bounced back over ... but when the kumo twist to red happened (bearish signal) was when we hit the 17k bull trap (1/7) and started the unrelenting descent downwards. We then stayed under the red cloud the whole way down to 6k, until we broke through on the rebound 2/13-2/17. The top of the cloud has...
This chart shows the ETh/BTC convergence. It looks like it's converging around .042. It has very strong support currently at the .04 level and should not drop below. On the high side it's starting to look difficult for it to rise much above .052. Which means if ETH breaks out soon while BTC is around 11700, then I would expect ETH to meet some resistance at...
This is a channel containing the logarithmic growth of BTC over the year. I don't see why it will slow down with the futures news and general incredibly bull sentiment. I am long BTC and it's my favorite play & IMO strongest sharpe ratio crypto hold. It would appear BTC will end the year in the 13k range, based on this channel. This is of course really...
Ethereum growth pattern. Now that it's broken out above 400 it's been a bit unpredictable. That said, it feels like it's going to test the 480-500 containment zone soon, especially because it's tied to .04 BTC imo and that will push it through. Once it breaks that containment zone it will probably rush up to 600+.
