Inspired by PlanB's (FinTwit @100trillionUSD) $BTC Stock-to-Flow (S2F) chart & pattern, along with realizing a $ crisis is about to emerge, the combination of TA and macro understanding help me to realize, a huge unparalleled Bitcoin & crypto bull market is about to emerge.
After carefully studying the $BTC weekly log chart, I discovered many, almost predictable, patterns that may help narrow down to how high and approximately when $BTC may reach those price targets and may top in this coming bull run.
After carefully studying the $BTC weekly log chart, I discovered many, almost predictable, patterns that may help narrow down to how high and approximately when $BTC may reach those price targets and may top in this coming bull run.
Trade active:
3 circles pointing to "familiar?"
First & foremost, I'm right now waiting for $BTC to do a "major" correction, which happened in similar ways twice before (got rejected from major resistance 1 last time before punching through the ceiling for real shortly after). It's "major" in the context of falling from current price point down to around $13K-$14K (or even lower), but since this is a log chart, if zoom out, the correction will then look real small, and seems almost insignificant.
First & foremost, I'm right now waiting for $BTC to do a "major" correction, which happened in similar ways twice before (got rejected from major resistance 1 last time before punching through the ceiling for real shortly after). It's "major" in the context of falling from current price point down to around $13K-$14K (or even lower), but since this is a log chart, if zoom out, the correction will then look real small, and seems almost insignificant.