Long

Bitcoin Price Scenarios Into Posited February 2022 Pi Cycle Top

Updated

This has been measured proportional to 2013 as indicated by recent Bitcoin Bull Market Ends Dec. 28 at 350k? idea which is linked at the bottom of this idea.

There are two scenarios presented which were previously mentioned. The more extreme scenario is diagrammed with dotted arrows.

Note

Zoomed out:

Note

Zoomed out all to entire Bitstamp history:

Note

Partial history zoom-out which includes only as far back as the 2017 Pi Cycle Top.

Note

Needless to say it will be psychologically difficult to stay on this bucking Bronco all the way up to the projected Pi Cycle Top. My suggestion is keep your eye on the Pi Cycle top indicator at which can be tracked here at TradingView or some external websites which I won’t mention so I do not get banned for advertising.

Note

This idea of 2013’s second bull phase after the initial top in April 2013 is not a new concept to me. I have been positing it since 2019! Here follows my Oct 23 idea about it.

Note

Another confirmation is that 2.72 Fibonacci extensions have predicted the prior two major tops and is aligned with the prediction for the incoming major top.

shelby3

Related publications

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.