And Then One Time Bitcoin Went From $30k To $30 Million
Updated
Never say never! I know it sounds crazy but what if this whole bitcoin move that we saw from inception to today was one giant cycle? What if this is the bottom of a larger cycle and we are about to see numbers that no one could ever even imagine are possible? What if everyone who is predicting Bitcoins's next move is near sighted and need to zoom out allloot further and see the larger cycle? What if Im crazy? Its all possible, and that would put Bitcoin's market cap at $600 TRILLION. Not impossible in my opinion. This is just my opinion and a wild one at that so dont take this as any sort of financial advice, Im just having fun here. Good luck out there.
Note
If all Bitcoin are bought off exchanges now with the whole world drooling over bitcoin then this number can happen. Might take longer but it could easily happen. Supply vs demand. Remember the hand sanitizer mania during the poodemic. Limited supply met high demand and the though of it running out made people buy more than they should have. This could happen. Never underestimate the effect of greed.
Note
In Egypt Bitcoin just had an almost $2 million pound god candle in ONE DAY! This is happening all over the world one at a time country by country. Get ready for numbers you couldn't even fathom in your wettest dreams. Note
I made this chart a while back, I want to point out that patterns and fractals do act very similarly. Pair a fractal with some indicators and you can see how long it will take and how high it will go. 
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.