BitcoinLong
Will this be the next move?
Here I simply copied Bitcoin's movement from the previous cycle.
We see that there was a long period of accumulation before braking resistance (which in this cycle is 6k).
After that, a period of more than a year to get back to ath.
After that less than a year for a new price record. I'm not expecting 20x like last time, but "only" 5-10x from the previous ath, because BTC is already globally known and because volatility will drop with time and the bigger the volumes and marketcap.
100k btc in 3 years doesn't sound bad. In 3 years the dollar will take a huge hit. I think in less than 10 years BTC will become the world currency, stabilizing its value between nowadays' 1-5M.
We see that there was a long period of accumulation before braking resistance (which in this cycle is 6k).
After that, a period of more than a year to get back to ath.
After that less than a year for a new price record. I'm not expecting 20x like last time, but "only" 5-10x from the previous ath, because BTC is already globally known and because volatility will drop with time and the bigger the volumes and marketcap.
100k btc in 3 years doesn't sound bad. In 3 years the dollar will take a huge hit. I think in less than 10 years BTC will become the world currency, stabilizing its value between nowadays' 1-5M.
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