Hello Everyone!
Bitcoin continues to soar to new highs, about 85k as of writing! Cycles, and data, over and over again told us exactly what’s coming.
Like out of a movie, these new highs will instantly flush all the incredibly bearish predictions that were promoted at the bottoms from everyone’s brain.
I want to remind you, so you don’t forget.
Here were some common thoughts at the lows in August and September this year:
“A recession is coming”
“40k is inevitable”
“The top is in”
These weren’t rare, they were the general sentiment!
Here is what I said based on cycles and data during this time:
August 19th, 2024 | 58k:
“I think because of how close we are to ATHs, and with our knowledge of other moves, I think we will finally see new highs again by October and at the latest November.”
September 2nd, 2024 | 58k:
“Take the price targets with a grain of salt, but this is about what I think is next for us.”
Then realistically, we would see new Bitcoin ATHs in October or at the latest November. I know I know…. “Come on CryptoCon please tell us no more waiting!” I want it to come now as much as you do trust me, but firmly breaking above ATHs in normal cycle timing is not a quick process.
October 14th, 2024 | 64k:
Here’s the important notes:
ATH break most likely in November
Aggressive path possible to local top in December 2024
Conservative path local top in May 2025
Both paths lead to 109k
Both paths include local highs in December 2024 or January 2025
Especially the green path may seem ridiculous, but just wait until you see how ridiculous the true bull market can get!
And of course, these have just been my thoughts for Bitcoin, I have been shouting from the rooftops for people to buy alts for months while warning as the title of the newsletter suggests “Your Last Chance” to buy came just 1 week ago.
Price is warming up into Red Year of the Halving Cycles Theory, now is the beginning of the end.
But it is just that, the beginning.
This newsletter will be all about the psychology you need to develop during new crypto ATHs, as well as a huge overview of the data I’m watching for the upcoming First Cycle Top and First Cycle Top Echo High.
Let’s jump into today’s newsletter!
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