Yellow bars pattern is the 2012 run, blue is the 2015 and red is the predicted 2020 (beginning at) run after factoring in the depreciation in bullish percentage gained after each halving. Red patterning is also averaged between the 2012 and 2015 patterns. Extra Fibonacci retracement levels were used to determine the scaling. If the rule of threes apply to bitcoin this might just work out
Note
Remember ~7200 is a possibility here too!Note
:)
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.
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.