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Price

Frequency is not changing, amplitude is changing. That’s how we could top under 100k and bear to 40k(or something like that). It takes more stairs to go up the same amount.

This is how volatility decreases in a maturing asset.

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Discussion

Jdwagner17 1y ago

I think people could be almost flat on their “investment” in 3 years if they buy now, but after that it just is a rather consistent grind up, as it always has been.

₱ⱤØⱠł₣ł₵ JØł₦₮Ⱬ 1y ago

I agree with the cycle you placed

But according to that chart ain't we in top territory?

Jdwagner17 1y ago

Close but a lot of price happens in the end. I don’t know

Jdwagner17 1y ago

Could be 2 tops. One soon, one later 2025.

₱ⱤØⱠł₣ł₵ JØł₦₮Ⱬ 1y ago

Man if this a top I want my money back lol 😆

This the only thing I'm looking at we haven't broke thru in like 3 years in change I hope 10 year bear market is not now but we be able to make that predictions as time goes by ...

But this the only thing got me ready to short lol 😆

Jdwagner17 1y ago

I’m betting a lot that there won’t be a 10 year bear.

₱ⱤØⱠł₣ł₵ JØł₦₮Ⱬ 1y ago

So far three down. I hope it doesn't either.. but moon bois always get reked SMH

But 100k would invalidate what I just said !

oobiyou 1y ago

This is the chart. Expanding triple top. Downside likely. Distribution in progress.

:P 1y ago

Y’all joking right? Right?

₱ⱤØⱠł₣ł₵ JØł₦₮Ⱬ 1y ago

Lol

oobiyou 1y ago

My above analysis is invalidated by a move above 69k with large buying volume at that level.

oobiyou 1y ago

:P 1y ago

That’s exactly the meme I was thinking of when writing that comment 😝

Sovereign Being 1y ago

👀

I feel a smaller correction before another leg up is on the cards. I don't expect it to power through 100k any time soon. Cautiously optimistic.

:P 1y ago

Charge your phone JD

Lyn Alden 1y ago

Bitcoin is at the end of the correction. It's already down 20% from the highs and we'll have some more downside to happen from here.

If the correction continues, then I think the zones between $59-63K are essential to watch.

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