I keep it simple and find that the accumulation and bull run periods have determinable lengths. If we repeat any of the prior halvings, the 250K mark is just the beginning. Sequentially, the next percentage increase will be around 387%. The next channel angle of the bull run will be 40deg. These two factors point to 267K BTC in February of 2025. However,...
It’s nice when the charts are simple. This is a classic example of descending triangle breaking out to the upside! .80-.90 range is in play!
Based on this runs current trend inclination and past resistants/support levels, the next major stop is 60K!!!!
Little early to call this but I expect consolidation until the 11th before an explosive move up to 43K.
Triangle Broken to the down side. Rejected on attempt to break the 50MA on the 1 min. Also.....BTC is falling so expect alts to follow until settled. Support at .485. Still plenty of room for XRP to break up to $1 in the coming weeks!
225K has been my personal price prediction since mid 2019. This was loosely based off of the Stock to Flow Ratio and the historical halvings. I think we will see an average of 100K by 2024, but to get there we will first spike past 100K and land on my predicted value of 225K. In the past, targets on the STFR have roughly exceeded expectations by 100% and 50%. Base...
.45 would be the last stop if we keep falling, PINK top BLUE bottom. The recent bounce though leads me to believe it will go up from here, could bounce once inside the first triangle before it goes up higher.