WHEN1110011

Corona has been a crazy situation for the markets and Bitcoin showed a different shape of bull run than previous two years. It has also left the Bitcoin Growth Log Curve but imagine it goes back in line with the curve? This could mean a minimum of 380.000 range end of bull-run.. but given the devaluation of the dollar and euro and all the shit going on in the world. Bitcoin could be the financial safe haven for most people allowing it to reach a staggering 880.000 end of 2025 based on previous cycles. What you thought?

Hi all, just take a look at previous bullruns and draw a line 40% from the bull run top. That is more or less the level that needs to be claimed before speaking of a bull run. But, what you also see is a retracement at first touch of approx 30-60% in previous runs. This leads me to think that we can now easily see a run up to 40K and then seeing a retracement back to these levels of 29/30K before going claiming the 40K level and upwards into bullrun territorium. So don't be fooled that going to 40K with an ETF approval is confirmation of a bull run.. it won't be! It will be perfect fuel to kill longs, and the big boys to go shopping at 30K before a real bull-run is starting.

I personally think there will be the scenario where the FED does another rate hike and puts more pressure on the markets (read banks) which will positively impact Bitcoin price pushing through this make/break zone. OR, the FED decides to pause and this could create a scenario where Bitcoin could see a break through to the downside and test the 22833 level. A good time to wait now.

Just a fun chart using some TA to project some rough possible estimates for the BTC price. Think the next bullrun could take Bitcoin to a 180.000-ish price level while the cycle after that it could go to close half a million dollars. Simply wait and see.

NEAR fib .236 has confluence with POC, SL under lows, target 50% RR=4.2 - you can also ladder in your entries for better RR

Zooming out it is starting to look really good for BTC. Trading on Moving Averages you can see they have all come together now and cooled down. This is great for another leg up in this bull market. Stochs are ready for take off too. BTC looking good!

There are many ways of doing TA - these so called spider-webs are a fun way of calculating possible future prices. Especially in combination with a trend based Fibonacci. Let's go!

These are my targets for BTC > expecting more upside this week in Wave III, then correction Wave IV to continue further up next week after which we will see a corrective ABC to fuel up for the end of year Bull Run. That correction could be quite severe! Be careful and don't be mislead by all positive news. Leverage will be rekt!

Cake looking fab! Never waste a good opportunity. Going back to ATH is about 140%, it has confluence with fib's and the Stochs RSI looks ready to go.

Moving beautifully in channel.. next target 63800 or I'll have a beer less tonight