BTC - Buy Zone Between 12.4K and 13.8K?
BTC did almost this same exact thing in the 2013-2017 cycle:
In the 2009-2013 cycle, we saw BTC go ~+3730% past it's current ATH to new ATH's
In the 2013-2017 cycle, we saw BTC go ~+1570% past it's current ATH to new ATH's. This is a 2.377x decrease in % past it's current ATH
In the 2017-2021 cycle, will we see BTC go ~+660% past it's current ATH to new ATH's? Representing another 2.377x decrease in % past it's current ATH?
Time will tell. 150k BTC seems like a great psychological barrier to get stopped at after it breaks 100k.
I won't be accumulating any more unless we drop to the buy zone.
In the 2009-2013 cycle, we saw BTC go ~+3730% past it's current ATH to new ATH's
In the 2013-2017 cycle, we saw BTC go ~+1570% past it's current ATH to new ATH's. This is a 2.377x decrease in % past it's current ATH
In the 2017-2021 cycle, will we see BTC go ~+660% past it's current ATH to new ATH's? Representing another 2.377x decrease in % past it's current ATH?
Time will tell. 150k BTC seems like a great psychological barrier to get stopped at after it breaks 100k.
I won't be accumulating any more unless we drop to the buy zone.
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