Remember my first "Bigger picture of where BTC is goin" which I posted on TV? (I posted these even before I had TV)
I decided to post yet another one today.
This is my dose of for the price prediction and when I start being fully bullish on BTC on my trades (Also when I start to TP my long term investment portfolio):
* Since BTC is maturing from halving to halving, it only means that it also slows down in the big movement, I think this is necessary if we ever want to see world adaption and BTC above 1m$, because then it will be part of the global economy, and won't be as volatile as it was until today.
- The curve from first bottom price on the big trend line (Purple), and until peak price, is getting smaller (I find it with my own math)
- Which also means that the % growth on the parabolic runs is getting also smaller, and the % correction as well.
- It takes more monthly candles to transcend important highs (Also we create more highs as resistance)
- And we create more and more rising trend lines to ignite the next parabolic run
- The fib' target levels getting more and more realistic to the profits range levels (I think this parabolic run won't go above it like on last 2)
- A big confirmation should be with the OBV going above ATH as well, this will show that smarter money is entering the market
(Each phase we have smarted money, first we had the geeks, then we had the black market, then we had the average person, institutional money and fomo of the rich people should be next, and then gov''?)
* My overall idea is to split it into 3 target areas:
1. TP1: 30k-50k$ - should be at-least 60% out of Crypto
2. TP2: 55k-70k$ - should be at-least 85% out of Crypto
3. TP3: 75k-120k$ - should be at-least 90-98% out of Crypto
Lets see how my chart will follow in next few years <3