Remember when bitcoin made you rich over night? Unfortunately for BTC maximalists, those days might be history.
Fact: Each of the last 3 bull runs has been approximately 19% of its predecessor.
The last bull run ($3124 to $69K) was approximately 22.09x. What's 19% of 22.09x? A measly 4.2x. So, if we assume the bottom is around $17.6k, the next top projects to be around $73.9K. That's a whopping 7% above the previous ATH.
I still think $100K is possible, or even probable in a blow-off-top scenario. But if you're an investor under the age of 60, I wouldn't bet my retirement on old bitty. From a trading perspective however, 4x is a layup, practically guaranteed.
Fact: Each of the last 3 bull runs has been approximately 19% of its predecessor.
The last bull run ($3124 to $69K) was approximately 22.09x. What's 19% of 22.09x? A measly 4.2x. So, if we assume the bottom is around $17.6k, the next top projects to be around $73.9K. That's a whopping 7% above the previous ATH.
I still think $100K is possible, or even probable in a blow-off-top scenario. But if you're an investor under the age of 60, I wouldn't bet my retirement on old bitty. From a trading perspective however, 4x is a layup, practically guaranteed.
Not
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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.
İlgili yayınlar
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.