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Freeonlineuser
16 wrz 2021 22:21

Bitcoin v Silver Long

BTCUSD/PSLVBitstamp

Opis

Bitcoin vs Physical Silver gives a calmer view of bitcoin value increase.

It follows a repeating trend of bitcoin supply halving (yellow), followed by supply shock run-up to correct value (orange circles).

Each halving has consisted of 3 phases (blue) we are entering the breakout price discovery phase, with potential 15x return against silver.

Komentarz

Bitcoin just broke out of silver price consolidation, moving UP.
yet

Bitcoin not breaking out against Gold 1/BTCXAU yet.

Komentarz

Breakout not achieved, more sideways (maybe some down) consolidation.

Komentarz

Breakout achieved, more confidently this time.

Komentarz

given we've broken out, I recalculated and including the current price change. 12x increase from current position is estimated not 15, but who's counting? peak at 85000 on this scale

Komentarz


ready to bounce up
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