BTC at over $250k by 2021 according to historic data!

12. Mai 2019

I overlayed the last bear trend (59 weeks) with the current one (51 weeks) and compressed it to fit the current trend. Of course, this is super hypothetical and assumes that the coming bull trend plays out like the last one which is unlikely. But I guess this can give us a possible idea of what to expect for the future. A more in-depth heikin ashi (weekly) candlesticks analysis is coming as soon as the current short time bull trend loses it's power and a correction is about to happen.

The green vertical line is the next halving. (estimation)

27. Sept. 2019

Anmerkung

Let's look closer. You can see definitely a similarity between 2015/16 and 2018/19. 7500 USD is critical because breaking down also means breaking down into the next channel. (bottom somewhere at 5k) I am positive though. Moon is inevitable.

27. Sept. 2019

Anmerkung

You can find the channels from above here: <deleted>

25. Jan. 2021

Anmerkung

It looks like we're on track.



Two reverse candles on the weekly chart currently, big move is coming. If history repeats, I would go short here. I marked the interesting support lines blue. Reversal @ 25k which should bring us above 50k.