IM NOT 100% SAYING THAT BITCOIN WILL HIT $300K ANYTIME SOON... THIS IS JUST FOR FUN.
The BTCUSD LOG chart shows the channel we're in and where we're currently sat. Yes, the picture looks bleak right now. Yes, the big players have bent the majority of us retail traders/investors sideways. And yes, I need some Adderall and sleep.
But, we **couldddddd** have an even bigger move yet to come. This chart locks the price target at $280K for OCT/NOV 2021. Realistically, don't listen to me. I'm giving you all some hopium.
But no, honestly, the road ahead is going to be impossibly hard to fight on. We have to accept that a longer bear market is inbound. Likely near-term (relative) price targets to the downside are still $25K with the lowest likely price at $12K for the bear market bottom. If we are to fight along slowly out of this to the upside then $42K, $45K, $48K and $50K are all targets to overcome. Praying Michael Saylor comes out like the second coming of Jesus (PBUH) to take me out from under :(