Simple reminder of the big picture.
Implies this market cycle is unfolding much slower than the previous one.
The possibility remains that BTC could be following a Bullish pattern similar to NASDAQ circa 2001 - see linked chart.
Implies this market cycle is unfolding much slower than the previous one.
The possibility remains that BTC could be following a Bullish pattern similar to NASDAQ circa 2001 - see linked chart.
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Same info spaced further apart for better visualization.
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Chart of referenced BTC comparison with NASDAQ circa 2001.
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Broader view with some updated targets.
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In latest chart, the yellow and red vertical lines represent bullish possibilities for Anger and Depression. Though, to be valid requires repositioning the other psychological indicators.
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Were this BTC and my below SPX (that pokes fun at Captain Marvel) ideas to play out then BTC and SPX would be similarly priced.
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Changed my attitude on BTC market. Looks like the Bull market is ready for action. Updated idea below.
