Binance Square
LIVE
LIVE
Crypto PM
--6.6k views
👩‍🚀 #REVIEW BITCOIN FRACTAL Are we witnessing the start of the parabolic curve or just the casual bullish pennant breakout? This is the question no one has answer to. As you can see, the structure is deadly similar, same bullish pennant just around previous ATH! In late 2020 and early 2021 this became the most crazy parabolic run of all time. Right now the price action is the same, but timing is different: we haven't even hit halving point yet! Answering the main question, I think we'll likely see the casual breakout with no insane runs. The reason is simple: #BTC became another stock after all these ETFs. Stock market enjoyers are tend to book even tiny profit, thus we may have a lot of stops along the way. However, it's never bad to free your mind and dream! This chart is for you, my fellow dreamers ❤️ $BTC #BullorBear #BinanceLaunchpool #Bitcoin

👩‍🚀 #REVIEW BITCOIN FRACTAL

Are we witnessing the start of the parabolic curve or just the casual bullish pennant breakout? This is the question no one has answer to.

As you can see, the structure is deadly similar, same bullish pennant just around previous ATH! In late 2020 and early 2021 this became the most crazy parabolic run of all time. Right now the price action is the same, but timing is different: we haven't even hit halving point yet!

Answering the main question, I think we'll likely see the casual breakout with no insane runs. The reason is simple: #BTC became another stock after all these ETFs. Stock market enjoyers are tend to book even tiny profit, thus we may have a lot of stops along the way.

However, it's never bad to free your mind and dream! This chart is for you, my fellow dreamers ❤️

$BTC

#BullorBear #BinanceLaunchpool #Bitcoin

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Quote 1
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@CryptoPM

Explore More From Creator

--
Most bullish #Bitcoin setup of all time: - Bitcoin ETFs were the most successful ETF launch ever. - BlackRock quietly sprinkling Bitcoin into conservative bond funds. - Post-halving upward price impact has yet to kick in. - Wisconsin State Pension Fund allocating earlier than expected. Others will soon follow. - Global desire to transition away from US sovereign debt as primary reserve asset due to weaponization of the dollar / seizure of sovereign assets. - China selling US Treasuries and stacking hard money Gold. But Bitcoin is now harder money than gold. - Central banks just starting rate cuts. - Still very few investors properly articulating the Bitcoin bull case or demonstrating deep understanding of BTC. Still not a consensus investment. - Investors still maxx allocated to equities & bonds, barely allocated to BTC. - Only 1 out 195 countries have fully embraced BTC as a reserve asset. - US institutions losing credibility by the day, BTC looks predictable and stable in comparison. It's becoming a "digital Switzerland" safe haven for wealth. - Geo-political competition is rising, highlighting the need for neutral non-sovereign assets that can't be blown up or seized. - US debt issues are gaining prominence, the need to debase currency is becoming more obvious, tens of trillions of value stored in sovereign debt needs a better home. Bitcoin will likely blow through $100K this year IMO. But most will be too distracted by the political circus to notice. There's a distinct possibility that the US could elect a prisoner as president. $1 Million #Bitcoin doesn't sound so shocking anymore, does it? #bitcoin #bitcoin #bitcoin
--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs