According to my old LVDT indicator, BTC should reach $300k or even higher at ATH this cycle.
The real parabolic (banana zone) run will only start when BTC touches the thick red line again.
Time to gradually DCA sell every time BTC pierces significantly above the thick red line (signaling a potential point of Blow-off-Top).
I plan to be updating this tread from time to time as the chart progresses until the absolute "Sell" signal is triggered.
The real parabolic (banana zone) run will only start when BTC touches the thick red line again.
Time to gradually DCA sell every time BTC pierces significantly above the thick red line (signaling a potential point of Blow-off-Top).
I plan to be updating this tread from time to time as the chart progresses until the absolute "Sell" signal is triggered.
Trade active
Note
Weekly chart view, with price ranges from the breakout from the thick-red-line on the Daily Chart to the subsequent ATH marked, as well as an estimated/speculated range for this cycle (at ~US$350).The actual real time evolution of the BTCUSD price along this channel will be monitored and the speculated ATH price target will be updated accordingly.
Note
Current view: ATH would be between USD 350k-500k.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.