BTC Long Term view for this Cycle
Updated
Accumulation and distribution (tops) marked on BTC's history. By this logic there could be a 180k btc in Jan 2025 (28 months from now). Let's hope!
-RSI marks tops and bottom pretty well, same sort of level each cycle
-According to this logic 17k was the bottom for bitcoin, but we don't know how it fairs in a recessionary environment. I will probably bid in September as that tends to be the worst month for ES.
-RSI marks tops and bottom pretty well, same sort of level each cycle
-According to this logic 17k was the bottom for bitcoin, but we don't know how it fairs in a recessionary environment. I will probably bid in September as that tends to be the worst month for ES.
Note
Seems to be going well! Turns out it fell a little lower and 15.5k was most likely the bottom.
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