Bitcoin to skyrocket in 2024
- Thread starter stinkynuts
- Start date
Entering the parabolic phase.. finally.
My patience was tested to the max. The next few months should be exciting.
My patience was tested to the max. The next few months should be exciting.
like I said.....now, enjoy the ride
that said, i just want this quarter to close green ...11 days left..if not, there will be more consolidation /chio
Yes
Bitcoin Cycles Comparison
Comparing the performance of Bitcoin across different halving cycles
www.bitcoincyclescomparison.com
The parabolic upswing is in progress. The next few months will be insane.
Global monetary supply increasing as the US, China, Asia and Europe cut rates and make borrowing easier. Bitcoin always does well in this environment.
The fundamentals of demand and supply. Supply is very low, as people are holding, and demand is increasing due to etfs.
The historic bitcoin cycles over the last three have all shown explosive growth right now in the cycle. Furthermore, October has always been the strongest month for bitcoin.
The election is another huge catalyst. Once the election is over, Bitcoin has historically rallied as uncertainty has been resolved.
In short, it’s a perfect storm. Bitcoin could hit 100k this year
Global monetary supply increasing as the US, China, Asia and Europe cut rates and make borrowing easier. Bitcoin always does well in this environment.
The fundamentals of demand and supply. Supply is very low, as people are holding, and demand is increasing due to etfs.
The historic bitcoin cycles over the last three have all shown explosive growth right now in the cycle. Furthermore, October has always been the strongest month for bitcoin.
The election is another huge catalyst. Once the election is over, Bitcoin has historically rallied as uncertainty has been resolved.
In short, it’s a perfect storm. Bitcoin could hit 100k this year
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not sure if i mentioned it here, but every halving year the rally starts in September
it's insane how history rhymes in crypto (also see attached )
the consolidation. / accumulation phase is behind us, and now it's the mark up phase (google Wyckoff logic)
ofc there will be corrections along the way up, and the bears and disbelievers will say the bull run is over , trapping themselves out once again
it's insane how history rhymes in crypto (also see attached )
the consolidation. / accumulation phase is behind us, and now it's the mark up phase (google Wyckoff logic)
ofc there will be corrections along the way up, and the bears and disbelievers will say the bull run is over , trapping themselves out once again
Attachments
I have a few Shit Coins: BONK, DOGE and SHIB that have been rallying at a better pace than BTC, they are supposed to rally with retail FOMO in the summer
of 2025. Anyways, I will take it !
of 2025. Anyways, I will take it !
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The parabolic rally started on the average 155 days post halving, it's late this cycle !
( A lot of chartists and T/A's calling for a revisit to the Aug 5th intraday low on that Japan carry trade crash ( high 40k's) , hope not ! )
( A lot of chartists and T/A's calling for a revisit to the Aug 5th intraday low on that Japan carry trade crash ( high 40k's) , hope not ! )
Yup, Bob Loukas released a new video, saying there’s a chance we’ve already peaked. Not likely, but entirely possible.The parabolic rally started on the average 155 days post halving, it's late this cycle !
( A lot of chartists and T/A's calling for a revisit to the Aug 5th intraday low on that Japan carry trade crash ( high 40k's) , hope not ! )
If btc finishes October down, it’s a major red flag
I have a buddy who only sees the crypto market with rosy/Utopian glasses and he's been bullish since day 1, but there are cycles I tell him.
Zoom out till Jan 2024 and the graph/charts looked like we peaked. Zoom out 2 months and this looks like a blip correction and higher highs to come.
I missed the $ 69k peak, I missed the $ 73,800 peak and if I'm wrong again, I will just have to hold on for 2 to 4 years longer, but this time zero leverage so
i sleep much better.
This surge is characteristic of the parabolic phase. I think the war interrupted it, and now it’s resumed. If we manage to break through 67 and 70 by the end of the week, it’s definitely the parabolic phase we’ve entered, and new aths are around the corner.
I hope/know you're right ! Prior to this phase I converted my BTC to ETH/AVAX thinking that on a percentage basis , those 2 will outgain BTC. If we win, we all win, meaning BTC and ALTS, Shit coins I have just for fun !
