Starting the next bull run (Grab your bowl - hopium incoming)
1. The following is for entertainment purposes only.
2. Do not trade on this information. You will lose your money.
3. Yes I have positions and yes I am basing my decisions off of long term analysis like this
*History doesn't repeat but it often rhymes*
Two thoughts:
1. In February 2019, 5 months after the ichimoku long term and short term trend lines crossed in 2018 on the month scale, we started to see a relief rally in the bitcoin price
It's now 5 months after the trend lines have crossed bearish again. Will we see a repeat? The ichimoku cloud seems to align with this.
2. 45 months after the 2017 peak we got the 2021 peak. If we create a trend line between those points and then project out another 45 months, we would see a peak of ~$123k. Conservative sure, but more realistic imo than all these million dollar projections.
2. Do not trade on this information. You will lose your money.
3. Yes I have positions and yes I am basing my decisions off of long term analysis like this
*History doesn't repeat but it often rhymes*
Two thoughts:
1. In February 2019, 5 months after the ichimoku long term and short term trend lines crossed in 2018 on the month scale, we started to see a relief rally in the bitcoin price
It's now 5 months after the trend lines have crossed bearish again. Will we see a repeat? The ichimoku cloud seems to align with this.
2. 45 months after the 2017 peak we got the 2021 peak. If we create a trend line between those points and then project out another 45 months, we would see a peak of ~$123k. Conservative sure, but more realistic imo than all these million dollar projections.
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I expect you all to give me the same level of fame as Plan B and Carlos Matos
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Where do I claim my comically sized internet clout check for calling this?
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Just wanted to drop in and say this call is still accurate lol
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Still accurate
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Checking in - Still accurate
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Checking in - Still accurate :-)
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Full on bull market mode
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Still on track
Still hodling
Still hodling