History Calls for $48,000
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Hello Everyone!
Last newsletter was about “BitTime calls for Up”.
There we talked all about how long-term data had completed its bottom points, and history showed that we should rise into October just like we did in 2015.
BitTime says that we should be following a cycle more like cycle 2 (2015 - 2018), and lo and behold we have now seen a massive price rise bringing us up to 35k.
Uptober has now fully played out, just like we talked about in our “Uptober has Arrived Newsletter” saying that there was some major catching up to do compared to cycle 2.
November is now almost here, another historically bullish month for Bitcoin.
Now as you’ve probably seen by the title of today’s newsletter, I’m eyeing a price target of $48,000 next.
You may be thinking this is way too bullish, especially after all of the rise we’ve just seen. But according to data, anything else would make this cycle different.
Today’s newsletter will be formatted a little differently, as I try to dissect the cycle mid-top and show you all the different possibilities for price action.
The path to $48,000 will not be a straight one, so it’s time to get prepared.
Upon researching, I have found a way that so far, has called the cycle mid-top accurately to the day.
This newsletter will be a good one, Let’s dive in!
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This Newsletter Will Cover…
First Thoughts
Support and Resistance
Time
Cycle Mid-Top Data
Projections
What Should You Do?