This is the generally accepted 4 year cycle a lot of investors/traders believe in.
This chart shows the following:
- 2013 top in November
- 2017 top in December
- Projected 2022 top in January at ~$130k.
- Projected 2026/2027 top around $500k
I'm considering the idea that this cycle will continue well into 2022 and break this long-term trend and possibly usher in a new paradigm.
This chart shows the following:
- 2013 top in November
- 2017 top in December
- Projected 2022 top in January at ~$130k.
- Projected 2026/2027 top around $500k
I'm considering the idea that this cycle will continue well into 2022 and break this long-term trend and possibly usher in a new paradigm.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.