• BTC Trade Idea

    Posted by VanHoutenStonks on August 2, 2023 at 7:03 pm
    • This is my projection for the next 5 years. Bitcoin always
      rapidly grows after the halving event. But around 16 months after the
      halving event, Bitcoin started to crash significantly.
    • On the chart, we can see a very important Fibonacci channel on
      the LOG scale. The 0.618 FIB is always a strong level, and bitcoin hit
      it almost to the dollar in 2022. Take a look at it! We deeply need to
      keep this Fibonacci channel in mind. The strongest FIB levels are 0.618
      and 0.382. 0.618 + 0.382 = 1. Bitcoin loves these Fibos.
    • Please do not expect some big parabolic phase to reach 500,000
      USD in the next few months or years. This is not going to happen because
      you are too late for the exponential party. 100,000 – 120,000 in 2025
      is a realistic target!
    • Bitcoin is a good investment, and you can trade the major
      cycles. Buy low, sell high. It’s easy to say, but it’s not that easy for
      the majority of market participants.
    • As per my calculations, the price of Bitcoin will be 1 million USD in 2044, which is 21 years ahead.
    • In approx. 2140, all Bitcoins should be mined, and there will
      be no new BTC mined at all. Miners will receive rewards from the
      transactions of chain users.
    • This analysis is not a trade setup; there is no stop-loss,
      entry point, profit target, expected duration of the trade,
      risk-to-reward ratio, or timing. I share my trades transparently and
      post trade setups privately.
    • Thank you, and for more ideas, hit “Like” and “Follow”!

    Bear markets and crashes:
    2011 – 93.75%
    2014 – 86.94%
    2018 – 84.22%
    2022 – 77.57%
    2026 – 71.67% ?

    VanHoutenStonks replied 2 years, 6 months ago 1 Member · 0 Replies
  • 0 Replies

    Sorry, there were no replies found.

    Log in to reply.