Using the .618 Fib line we can assume this is where we are within the 4 year period of Bitcoins run
Previous runs have shown rejections at this point, which is evident with the current rejection
I am placing my target at ~250k by the end of the 4 year Period
After this a Bear market may be entered
Don't underestimate BTC..
I do have thoughts however that this run will be propelled by Ethereum and the DeFi / NFT craze that has occurred, and a few assumptions based on chart structures
If it is propelled by Ethereum, this will be a first
Previous runs have shown rejections at this point, which is evident with the current rejection
I am placing my target at ~250k by the end of the 4 year Period
After this a Bear market may be entered
Don't underestimate BTC..
I do have thoughts however that this run will be propelled by Ethereum and the DeFi / NFT craze that has occurred, and a few assumptions based on chart structures
If it is propelled by Ethereum, this will be a first
Nota
End of 4Year period by mid 2022
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.