The current cycle, adjusted for scale, is showing 1300% until May 2025 (from $67K to $800K).

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Super bullish or super bullshit?

Plus ultra super bullish 🔥

Potato potato

Oh you got the screenshot that has photoshopped away the planB source reference... He was very upset about that...

https://x.com/100trillionUSD/status/1820105010132165051

It wasn't me who took the screenshot, I just made a comment.

And Carl has already apologized (you can check it in the link you sent), it was totally unnecessary for you to mention that here.

I know he apologised, just mentioned it for context, others might be interested to know since it took me some time to figure out what was all the apologizing for...

having seen and read the note by bitman I was happy to not see the written text "plan B" and on top of it a Twitter link, double ew.

Oups fair enough 😬

800k won’t come this cycle

Why?

Because at this point of Bitcoin’s maturity that magnitude of a move takes longer (and will take even longer in the future) than it used to take in the past.

We’ll get there just not this cycle.

are Coronal Mass Ejection and Civil War priced in ?

No, how am I going to price this?

Your guess is as good as mine....

No, we are at a very similar point in the RSI as in the previous cycle. The current moment would be equivalent to October 2016. In the previous cycle, the bull run was 3155% (from $700 to $20K).

That sounds a bit too optimistic

The Power Law Model has more precise predictions, suggest studies: https://www.youtube.com/watch?v=62JRHZkIIz4

Don’t see that at all.

No, didn’t you hear…it’s all over at $120K and then back to $15K again for the next 4 years.

Stahp

But, but…the Wycoff Distribution Pattern invented a century ago is never wrong and must be respected no matter what else is happening in the world!

enjoy the trip 🚀

That’s actually what traders are saying. 😂

Oh, I know. And if they’re all saying it, then you know they must be 100% correct.