BTCUSD Generational Cycle Lows for the 2 year bear market
This linear chart is created to support the theory of log regression targets of 3k on October 2019 to be the start of the bull run and ends at Aug-Sept 2023 as the next top.
The log regression theory factors in the May 2020 halvening, and the confluence that follows it. What's interesting is that the linear trend line from 2016-2017 hits this spot at this time cleanly. The stars are aligned definitely if we catch this target. Watch out for the next years as this entry will pass by quietly and unnoticed by the masses. Of course, with much more people in the community, this timespan could compress faster and we would not touch the trendline at all.
This theory also supports my 200 Week MA buy signal, I will start buying spot with my fiat on 200 week MA.
The 11k target could happen with the argument that we are going in to Q4 and we might have a massive fomo dead cat with everyone expecting a bull run like last year (of course it is a dead cat no matter what)
This is not financial advice, and you can lose all your money here. Be careful
The log regression theory factors in the May 2020 halvening, and the confluence that follows it. What's interesting is that the linear trend line from 2016-2017 hits this spot at this time cleanly. The stars are aligned definitely if we catch this target. Watch out for the next years as this entry will pass by quietly and unnoticed by the masses. Of course, with much more people in the community, this timespan could compress faster and we would not touch the trendline at all.
This theory also supports my 200 Week MA buy signal, I will start buying spot with my fiat on 200 week MA.
The 11k target could happen with the argument that we are going in to Q4 and we might have a massive fomo dead cat with everyone expecting a bull run like last year (of course it is a dead cat no matter what)
This is not financial advice, and you can lose all your money here. Be careful
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.