How many times will we see this pattern play out? I've been made fun of for calling such a low target price (sub $200). We are in the last phase of THE classic bubble pattern. reference tech stocks or marijuana stocks to see where we are heading. "Those who do not learn from history are doomed to repeat it"
The primary reason I made this chart was to study the durations for the stages of each of Bitcoin's previous & current market cycles or phases.
These are the 2 areas marked by the bold white outline. Each phase is clearly made up of 8 stages, or rather 4 stages & their corrections. I'm going to call them:
1) The Boom
2) The Swing
3) The Dome
4) The Incline
The...