Bitcoin
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BTC 2021 and Beyond

Fib retracements from 2013-14 and 2017-18 runs and adjusting the trendlines with both runs' ATH's gave me these possible scenarios:

Based on these Fib levels
-2014 Fib retracement:
fib 2 was Dec 2017's ATH closure
fib 2.618 was May 2021's ATH
fib 3 is 162k

-2017 Fib retracement:
fib 1.618 was May 2021's ATH
fib 2 is 123k
fib 2.618 is 380k


If we look at the 120-160 range in December we cross with the trend line coming from the previous runs ATH's.
"2017's Fib 2 hits 123k
2014's Fib 3 hits 162k"

So if BTC does the same as the previous runs and tops out in December again we could possibly see something between 120k and 160k with a possibility of going for the 2017's fib 2.618 that gives us a ceiling of around 380k, all that could be extended to next year, as we could be seeing a different crypto adoption in this bullrun.

I would say it could happen between December and April next year, but again, if the trend stays the same then prepare for whats coming.

This is not financial advice.

Feragatname