2013 November candle does a 10X from $120 to $1200 ish.
2017 December candle 3.5X with majority of the work already complete. In theory with the halving, was capable of doing twice previous cycle or 20X.
2021 December candle only needs to 5X to stay on trend. In theory with the halving, capable of a 7X based off 2017's 3.5X. Supply is cut in half, asset is twice the strength.. In my opinion a 5X this month is only 1/3 throttle for Bitcoin given its current adoption rate emergency, due to global economy...
We could in fact break the mold this year to the upside but steady is longevity. I'm hoping we take at least 1 year to reach mentioned level and i prefer 2.
2017 December candle 3.5X with majority of the work already complete. In theory with the halving, was capable of doing twice previous cycle or 20X.
2021 December candle only needs to 5X to stay on trend. In theory with the halving, capable of a 7X based off 2017's 3.5X. Supply is cut in half, asset is twice the strength.. In my opinion a 5X this month is only 1/3 throttle for Bitcoin given its current adoption rate emergency, due to global economy...
We could in fact break the mold this year to the upside but steady is longevity. I'm hoping we take at least 1 year to reach mentioned level and i prefer 2.
Comment:
ive no clue why my indicators are showing up, but these are excellent to use if in the market.