As we can see BTC is experiencing its usual pullback. Today starts the short term capitulation.
Using Power Law model we can expect the bottom to occur between Now to early Nov '24.
We all expect the peak to come around third quarter 2025.
Here are price targets based on a weak, medium, and strong Bull run.
Weak = about 124k
Medium = about 202k
Strong = Ranged between 320k to 400k
This is not a moon shot theory this is based purely on if BTC continues to follow its correlation to Power Law that has seems to be the case for the last decade.
Plan accordingly.
Be patient.
I've linked to a weighted DCA strategy I use personally when building positions long term.
Using Power Law model we can expect the bottom to occur between Now to early Nov '24.
We all expect the peak to come around third quarter 2025.
Here are price targets based on a weak, medium, and strong Bull run.
Weak = about 124k
Medium = about 202k
Strong = Ranged between 320k to 400k
This is not a moon shot theory this is based purely on if BTC continues to follow its correlation to Power Law that has seems to be the case for the last decade.
Plan accordingly.
Be patient.
I've linked to a weighted DCA strategy I use personally when building positions long term.
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