Charting bitcoin is great because it is one of the only assets that appreciates in such a beautiful manner.
Price goes just high enough to garner the world's attention, just to destroy their hopes, and then do it all over again at higher prices.
When will people capitulate to the upside and just give up on not owning any bitcoin?
That time is probably coming soon, and if it truly does, charts like these will not matter any more.
Should the cycle continue, however, price will go no higher than $330,000 by January 2023.
Then we repeat the process all over.
Again.
Fun?
Heck yea
Price goes just high enough to garner the world's attention, just to destroy their hopes, and then do it all over again at higher prices.
When will people capitulate to the upside and just give up on not owning any bitcoin?
That time is probably coming soon, and if it truly does, charts like these will not matter any more.
Should the cycle continue, however, price will go no higher than $330,000 by January 2023.
Then we repeat the process all over.
Again.
Fun?
Heck yea