SebastianofMoon

When BTC new ATH? The fractals reveal it.

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SebastianofMoon Güncellendi   
BITSTAMP:BTCUSD   Bitcoin
Comparing this runup to the last one after the low in the 3k area, we see a very similar behavior until now.
If this continues, we should reach 20k sometime in late october, or mid November at the latest.

I suspect that we'll see a longer flat/sideways period, until we'll push towards new ATHs, above 20k, probably
in mid 2021. By late 2021, we should reach the final ATH of this cycle.

I still suspect at least 100k, but due to global events such as very high inflation of fiat currencies, especially USD, it could reach 150k,
even 200k in a very optimistic scenario.

The whole runup and timeline is quite similar to 2016-2017. We are now where we were in mid to late 2016.
Good times are coming :)
Yorum:
BTC is taking a bit more of a relaxed approach, but the idea still remains the same. 20k by year's end, 100k-200k by the end of 2021.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.