Great Analysis as always. One more fact to add to this fibonacci analysis, is that if you apply the same to the past 2 cycles it also works as a charm, and we ended with a top at 5,618% each time 👀
Thank you CC! One question - how to consolidate the Fibonacci 6.618 level of $254.162K vs the $184Kish top level (5.617 extension) from first move of cycle. Which one is more likely? Of course would like the former but wondering how to think through what has higher probability if we do make it past $166.7K this March.
Prices like 250k would break the log regression curves I use to the upside and I am always cautious when it comes to things like that. 180k is an important number according to those curves and other price models I've run.
I'm pretty open when it comes to most price targets so I think both are possible but I prefer to think more conservatively.
I’m a rookie at all this and your charts are really great stuff, CC! I think I will be taking 100% profit @1-18 Sep (500-517 days after last halving) if the ATH still looks like it’s due the latter half of October. But it will be interesting to see just how far and when the first cycle top gets. Hopefully $166k!
No matter if it is March or Not... accumulating this digital property for a 15 years horizon is not so risky IMO
Great Analysis as always. One more fact to add to this fibonacci analysis, is that if you apply the same to the past 2 cycles it also works as a charm, and we ended with a top at 5,618% each time 👀
https://x.com/petercharaf/status/1889650457103978651?s=46&t=qpLdHf8uXZarP2oZlFPTOg
Yes!
Here is my take on it from a little while ago, even spans to the first cycle:
https://x.com/CryptoCon_/status/1879614951813271733
Although I should add this retrace is slightly different which is why the numbers don't line up
Indeed! Good times ahead!
Thank you CC! One question - how to consolidate the Fibonacci 6.618 level of $254.162K vs the $184Kish top level (5.617 extension) from first move of cycle. Which one is more likely? Of course would like the former but wondering how to think through what has higher probability if we do make it past $166.7K this March.
You're Welcome!
Prices like 250k would break the log regression curves I use to the upside and I am always cautious when it comes to things like that. 180k is an important number according to those curves and other price models I've run.
I'm pretty open when it comes to most price targets so I think both are possible but I prefer to think more conservatively.
Got it - thank you!
You are right, boring is patience
I’m a rookie at all this and your charts are really great stuff, CC! I think I will be taking 100% profit @1-18 Sep (500-517 days after last halving) if the ATH still looks like it’s due the latter half of October. But it will be interesting to see just how far and when the first cycle top gets. Hopefully $166k!
Thanks so much Mark! All eyes on late this year… wishing you the best of luck
Thank you very much for the great Bitcoin price analysis video
You're welcome! Thank you for watching