Based on very sketchy trend line work, but should be fun to compare to how it actually plays out.
- Bear market until April 2023
- Bull market until March-ish 2025
- Peak around 95 - 110k
- Bear market until April 2023
- Bull market until March-ish 2025
- Peak around 95 - 110k
Trade active
Suddenly sketchy line work doesn't seem so ridiculous...Trade closed: stop reached
So I predicted the peak price perfectly 3 years ago, but my timing was off by 1month. That sucks, and I lost a large chunk of capital waiting for the Feb - March peak. We'll get it next time, and lessons were learned;
Thoughts on this bull run
- It wasn't impressive like the previous one. There was never any euphoria, and retail never came back, because retail, like myself was already in.
- Sell at the most euphoric news, AKA presidents of countries launched meme coins.
- A lot of capital was spent and lost on meme coins. Stay away from that shit.
- Buy at the most bearish news, AKA FTX collapse
Going forward this year:
- ETH underperformed, this is still very weird and I don't know why it didn't do anything. Which makes me think we're gonna see a large ETH run this year still.
- There might be a rally in all coins come mid to end of year.
Going forward longer term:
- Buy back in during bearish news.
- Realise BTC will not be as volatile from now on so don't wait for too low prices and don't wait for too high to sell again. It's movements will get more muted from here on.
Good Luck to future me.
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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.