BTC Bull Run in 2023.

4 Oca 2019

This is just taking the last cycle and superimposing it on what we currently have seen for BTC . It lines up pretty good, minus the magnitude of the big spikes which weren't duplicated due to the increase in market volume/liquidity from the original pattern (less chance of flash crashes) and indicates that we may be in for a little bull run up to the 6k+ area before heading down again over several yearsto the ultimate bottom of around $1500 BTC . After which, the real bull run will begin in 2023 when BTC finds a legitimate use case and the hype for it begins again.

This is definitely a shot in the dark, but the trendline matched up so well when I was making it I figured I'd share it as a possibility. I do fully believe we have a ways to go sideways though before BTC becomes bullish again. Each of its cycles gets longer and longer in terms of corrections it seems.

18 Haz 2019

Not

Well.... patience is a virtue that I clearly do not have. I did not have as much confidence in this idea as I should have clearly, as I am not way richer right now than I was when I made this... which I should be.

Update for this - I now fully believe this will be pretty accurate. I think that the low will likely be nearer to $1200, which was the peak of the previous bull run, a major support and a major fib for BTC. It sou nds crazy that BTC will go that low now, but something will happen and somehow it will.

Take what you will from this, I hope somebody made some money off of it at least, haha.

We are nearing the top, I can say having learned much more about trading now, and that this run is not the bull run and is almost done. Check out my recent STRUSDT idea - I pretty much came up with the same rough outcome for it as this chart (after completely forgetting I made this) and I don't expect those two coins to really do anything different overall. There is a bit of a time discrepancy between the estimated bullrun starts of about 5 months on the charts - timing is definitely my weakness and so I can't really say for certain which is more reasonable, but they both will rise in tandem so both are likely off by some amount, but 2022/2023 will be a BIG year for crypto.

I'll make another BTC one and try to nail down a more accurate time though.