BTC Cup Analysis from 2014 and 2018, BTC $20,000 doll by 2022
Analysis of Cups and comparison from 2014 and 2018 makes me believe we might see BTC back to $20,000 dolls by 2022.
Let say BTC lowest price and end of bear market occurs at around $3,000. Considering the amount of time that is taking BTC to reach that levels, we need to add the amount of time it will take BTC to go back up, Cup Analysis might help to determinate the forecast time by positioning the low point of the cup in the lowest foretasted price.
I would like BTC to reach 1M dollars by tomorrow, but realistically the longer it takes BTC to reach the end of bear market the longer it will take it to reach previous ATH, it will take time for 1M dollars BTC to be reached, maybe another 10 years. however, we will get there.
Let say BTC lowest price and end of bear market occurs at around $3,000. Considering the amount of time that is taking BTC to reach that levels, we need to add the amount of time it will take BTC to go back up, Cup Analysis might help to determinate the forecast time by positioning the low point of the cup in the lowest foretasted price.
I would like BTC to reach 1M dollars by tomorrow, but realistically the longer it takes BTC to reach the end of bear market the longer it will take it to reach previous ATH, it will take time for 1M dollars BTC to be reached, maybe another 10 years. however, we will get there.
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