Here's is my updated chart after tidying it up, adding a few bits and also a tongue in cheek look ahead to $1,000,000 :)
Bitcoin 4 year cycle, self explanatory chart.
To test this, we will need to wait until the end of 2021(ish) when the 200W MA reaches 20k - that should be a key indicator as to when to take final profits.
If you all donated $1000 I wouldnt need this chart :)
But seriously, if you have found this useful, Im happy to take any btc donations. I have 14 kids and Arthur Hayes has all my money.
Ill be back at Christmas to see if we are at 20k!
20k at Christmas.
No pullback to 15k (there was a quick snap to 16 but barely)
Now at 40k
All bets are off, this could be at 100k by March.
I'm sensing a serious supply side shortage, (say that when drunk) - Only 900 being mined every day, large institutions buying everything, no concern for price just needing exposure.
Dips of 10% eaten up instantly.
Citibank and JP Morgan etc predicting 200, 300, 500k... 2 years late mind :)
Keep hodling, buy all dips, see you in a quarter.
As far as a geo political even affecting the price - No, this is just, in my opinion, naturual organic growth for bitcoin over the next few years based on its scarcity and its stock to flow model - (Go to twitter, find @100trillionusd and read all his shit)
If theres a global financial collapse, or ban , or a nation states its using btc - this will all happen in months.