#BTC Supercycle. $500K by Q4 2022?
This forecast has 500k BTC by October 2022. Sound crazy? It wouldn't be unprecedented. Price made a 1700% move from the W4 low back in November 2013 for a second and final strike of the Base channel under-side. Assuming the current W4 correction ends at the 100W moving average (~
31K) in around April, an upside move from that level of 1700% i.e. on par with June-November 2013 would take price to:
* The underside of the supercycle Base channel
* Top of the S2FX range
* A price of ~500K
BTC is currently in a macro wave 3 and not (as per 2017) a wave 5. The final move is likely to be steep!!!
31K) in around April, an upside move from that level of 1700% i.e. on par with June-November 2013 would take price to:* The underside of the supercycle Base channel
* Top of the S2FX range
* A price of ~500K
BTC is currently in a macro wave 3 and not (as per 2017) a wave 5. The final move is likely to be steep!!!
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