BTC - Buy Zone Between 12.4K and 13.8K?
BTC did almost this same exact thing in the 2013-2017 cycle:
In the 2009-2013 cycle, we saw BTC go ~+3730% past it's current ATH to new ATH's
In the 2013-2017 cycle, we saw BTC go ~+1570% past it's current ATH to new ATH's. This is a 2.377x decrease in % past it's current ATH
In the 2017-2021 cycle, will we see BTC go ~+660% past it's current ATH to new ATH's? Representing another 2.377x decrease in % past it's current ATH?
Time will tell. 150k BTC seems like a great psychological barrier to get stopped at after it breaks 100k.
I won't be accumulating any more unless we drop to the buy zone.
In the 2009-2013 cycle, we saw BTC go ~+3730% past it's current ATH to new ATH's
In the 2013-2017 cycle, we saw BTC go ~+1570% past it's current ATH to new ATH's. This is a 2.377x decrease in % past it's current ATH
In the 2017-2021 cycle, will we see BTC go ~+660% past it's current ATH to new ATH's? Representing another 2.377x decrease in % past it's current ATH?
Time will tell. 150k BTC seems like a great psychological barrier to get stopped at after it breaks 100k.
I won't be accumulating any more unless we drop to the buy zone.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.