The_black_swan

Last leg up of this bull run

Long
BITSTAMP:BTCUSD   Bitcoin
Hi everyone,

Last chart I published was an 8-years forecast in 2018 which played out well, so far...
But I think it will soon become wrong.

The pandemic and its monetary and economic consequences boosted bitcoin much more than what could have been expected a few years ago. Money printing, large scale public buys, and on-chain data all point to btc being ripe for a last but powerful leg up.

As usual, btc is evolving in some rather smooth macro pattern, and most people are drawning in over-complicated, coin-flip like technical analysis, and missing this kind of simple big picture.

I wouldn't be surprised if we revisit 40-50k in a V-shape shake out to get some fuel for the run up.

Et voilà!


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