The_black_swan

Last leg up of this bull run

Long
BITSTAMP:BTCUSD   Bitcoin
Hi everyone,

Last chart I published was an 8-years forecast in 2018 which played out well, so far...
But I think it will soon become wrong.

The pandemic and its monetary and economic consequences boosted bitcoin much more than what could have been expected a few years ago. Money printing, large scale public buys, and on-chain data all point to btc being ripe for a last but powerful leg up.

As usual, btc is evolving in some rather smooth macro pattern, and most people are drawning in over-complicated, coin-flip like technical analysis, and missing this kind of simple big picture.

I wouldn't be surprised if we revisit 40-50k in a V-shape shake out to get some fuel for the run up.

Et voilà!


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.