How High will BTC reach? How long this Bull-Market will go for?

2021年2月12日

How long this Bitcoin Bull-run will keep on going for? Couple of days, weeks, months?
How high will Bitcoin reach on this Bull-run? 60k, 95k, 140k?

Well, this is a chart with some good data for the Brain. Put the emotions on the side and try to answer the questions above!

And ya, I do not know.. Just good to look at the MACRO levels in such a market and following the trend till the end!!!


Chart legend:
Annotation:
Blue Flag: Weekly closed on ATH
Green Price Label: New ATH

Lines:
Yellow Vertical Line: Bitcoin Halving
Blue Vertical Line: Weekly closed on ATH
Green Vertical Line: New ATH

Ranges:
Green Date Range: ATH Weekly close –to– New ATH (Bull Run)
Red Date Range: ATH –to– Weekly close on New ATH (Bear/ correction/ consolidation/ accumulation/…)
Yellow Date Range: Halving –to– New ATH

Blue Price Ranges: from weekly close on ATH –to– New ATH (Bull run %)

Fib: ATH –to– Higher low (ATH to Lowest price in each Red cycle)