Weak hands selling-Bitcoin entering parabolic phase towards 250K

Hello everyone,

This week was pretty wild so I considered its good time to revisit long term view.
Are you asking what conclusion I came to ? Majority of retailers is selling and calling for major correction towards 40K some insane people calling even for 30 or 20K "crash"

But do you know what I see ?
Uptrend !
Strong uptrend !

So strong uptrend that Im changing my targets for BTC in this bull cycle. I called for 100K previously in the 3-8K range but you know what ?

I´m expecting BTC to hit 250K in a very short period of time !
and what I like is that S2F double spike supports the idea as well

So be patient ... zoom oout of your minute charts and stay calm. We are nowhere near to end of this bull cycle in my opinion and its gonna be wild.
I can imagine crypto market cap to pass 5 trillions this year !


Here are some older long term views to compare and study which are related to this idea

ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.

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