When Bitcoin breaks the green line, we are in for a real treat.
$100k by x-mas as per clif high forecast inbound..
Unlike many others, I don't think btc will be top-heavy around that evaluation. After touching $100k, I expect that we'll see a quick jump to $127,000 (or so) shortly thereafter.
I'm anticipating a fake top around $180k (the 2.618 fib-zone). Most people will think the run is over at that point. It won't be. The price will likely retrace back to $130k or so. Many who didn't sell before $180k will be dealt with gut-wrenching regret and start shedding their bags during this quick retrace. That is when things will get even more interesting. After the correction, BTC will start rocketing up once more.
At that point it will blow by $180k so fast that people will be hysterical wondering when/if this thing is going to stop.
$200k, $220k, $250k. People will begin to think there is no top. Everyone will be talking about it. The shoe-shiner will squeak. That's when the rug will be pulled for this cycle. Somewhere around the $280k region.
It would behoove us all to start mentally preparing for a 90% retrace from there.
This is how I see it.
As usual, be sure to check yourself into the nearest ward before interpreting this as financial advice.
enjoy the show
$100k by x-mas as per clif high forecast inbound..
Unlike many others, I don't think btc will be top-heavy around that evaluation. After touching $100k, I expect that we'll see a quick jump to $127,000 (or so) shortly thereafter.
I'm anticipating a fake top around $180k (the 2.618 fib-zone). Most people will think the run is over at that point. It won't be. The price will likely retrace back to $130k or so. Many who didn't sell before $180k will be dealt with gut-wrenching regret and start shedding their bags during this quick retrace. That is when things will get even more interesting. After the correction, BTC will start rocketing up once more.
At that point it will blow by $180k so fast that people will be hysterical wondering when/if this thing is going to stop.
$200k, $220k, $250k. People will begin to think there is no top. Everyone will be talking about it. The shoe-shiner will squeak. That's when the rug will be pulled for this cycle. Somewhere around the $280k region.
It would behoove us all to start mentally preparing for a 90% retrace from there.
This is how I see it.
As usual, be sure to check yourself into the nearest ward before interpreting this as financial advice.
enjoy the show