The trouble with seeing the future is that those that can think it’s a lot closer than it really is. How many ScFi moves from the 70s predicted dystopia in the 1990s. The list is long. The reality is that things happen a lot slower in real life because for things to happen people have to go along with it and they move a lot slower than futurists imagination.
Why am I prattlinf on, well because Bitcoin is proving my predictions spot on but taking a long time doing so. You can see my past predictions here and multiple charts and most look like the current one.
It is just the time access that is out.
Here is one example from a year ago:
Not bad for a year old. If you want to surf all my old BTC post here back in time you will see this kind of prediction over and over.
So what is my update. Im a bear but I’ll include a bullish fever dream. Charts are best taken as route maps. If the future pans out along predicted lines they give you a guide on a high potential road ahead. So far my bearish maps have been good.
So here is the latest plus the bullish idea for those stubborn bitcoin maxis.
Of course as we have seen over this 4 year cycle, the narrative ‘toffee’ is long winded and complicated, so my, ‘duh it’s the 4 year cycle again for the umpteeth time’ goes down like a lead balloon.
……. But pull up the chart and go back and back and back and there it is. It tke a big reason for a detour.
Will I buy in under $40,000? I might consider starting a small DCA, but more likely not. At $30,000. I’ll be tempted but frankly I might be look elsewhere in Crypto land and when we get there I’ll tell you here.
BTW why not say hi below or on my youtube? It would be good to hear from you.