Possible tops of this BTC cycle

This one is pretty self-explanatory.

I drew the logarithmic trend channel, and drew a repeat of the 2013 cycle.
If such a thing were to occur, the new target estimates are 50K for the first top, end of december/ beginning of january.

Then bouncing between 10K and 30K for a few months like in summer 2013.

Then the end of this hype cycle at 100-200K.

Then a pretty brutal bearmarket like in 2014 and 2015.

Then the start of the next hype cycle after the halving 2020.
look like 20k was top, heading to 10k and then 100k by summer
btc update?
I also think this is a very possible scenario. Just want to point out that you should connect the gray line to the top that was reached at the end of 2013. (The gray line is 1 fib. Level) then you will also see that there are a lot of support and resistance levels being confirmed by fib level 0.236 until 0.786 ;)
@CRCVDE, Thanks for the advice :) I will remember it.
+1 回覆
Thanks for posting - would certainly be interesting to see. Should "history repeat itself", what enablers or key events would need to fall in place to repeat the 2013 cycle?
@wrwtrading, The first enabler just happened, the CME futures. The next one could be the ETF getting approved in 2018 together with launch of lightning network.
Dead on!
Good call. I've been also considered such scenario in my analysis and then the top of current ride would be around 40k. Anyway your fibs fits better than simple pitchfork. Nice work
@ppierro, Thanks for your analysis. 40K seems also very reasonable. Yes, somewhere in the range 40K to maybe even 70K.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出