shubbs

BTC test of 21 wma at $9862 leads to $180K by Jun 2022

Long
BNC:BLX   Bitcoin Liquid Index
4/4/11 Bitcoin found support at the 21 wma at $0.58. A bull parabolic run then started. Two months later the BLX rose to $31.90 at the top of the bitcoin log growth curves, up 55 fold.
2/13/12 Bitcoin found support at the 21 wma at $3.90. A bull parabolic run then started. 21 months later BLX rose to $1177 at the top of the bitcoin log growth curves, up 301 fold.
3/7/16 Bitcoin found support at the 21 wma at $406. A bull parabolic run then started. 21 months later BLX rose to $19764 at the top of the bitcoin log growth curves, up 49 fold.
9/7/20 Bitcoin found support at the 21 wma at $9862. A bull parabolic run then started. Will it be 21 months again for the BLX to rise to $180,000 at the top of the bitcoin log growth curves again, up 18 fold? Time will tell.

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