reversion to mean, post impulse wave
if you are reaching close to 100% growth by summer's end, who's complaining?
Once BTC exceeded upper bounds of its parallel channel, growth went asymptotic. Can't keep doing that forever. Too valuable. Have to restart within a reasonable channel, to keep growth. Even if BTC continues to grow along this parallel channel, you have 2x growth by end of summer. That's really good...
You can't expect to get dramatic gains beyond this parallel growth channel unless you plan to win hearts and minds, and exceed the upper bound of the channel.
Once BTC exceeded upper bounds of its parallel channel, growth went asymptotic. Can't keep doing that forever. Too valuable. Have to restart within a reasonable channel, to keep growth. Even if BTC continues to grow along this parallel channel, you have 2x growth by end of summer. That's really good...
You can't expect to get dramatic gains beyond this parallel growth channel unless you plan to win hearts and minds, and exceed the upper bound of the channel.
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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.