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So by the parabola, one could make a very strong case to suggest that btc fills all these levels outlined in the chart. folks.. this actually means there's a good chance btc goes to 155k which can extend to 260(ish) lol. alts would go crazy in such a scenario! However, note that if we do find ourselves in such a rally, we will be watching to see where the big pull back comes from. -if pull back from 2.618 (155k), it will most likely come back to 1.618(100k) and top at 4.618 (260k) -if pull back from 1.618(100k), it will most likely come back to 0.786(higher 50k region) and top at 2.618(155k). So if we are gonna go as high as that 260ish zone, then we must not see a major pullback from 1.618. the major pull back must only come from 2.618 for this chart to hold true on the idea of +260k btc. This is just one of my theories and as of now, nothing has happened to render it baseless. It's very difficult trying to depict where price could go in a parabola folks but at least this theory gives us an idea.

So by the parabola, one could make a very strong case to suggest that btc fills all these levels outlined in the chart.

folks.. this actually means there's a good chance btc goes to 155k which can extend to 260(ish) lol.

alts would go crazy in such a scenario!

However, note that if we do find ourselves in such a rally, we will be watching to see where the big pull back comes from.

-if pull back from 2.618 (155k), it will most likely come back to 1.618(100k) and top at 4.618 (260k)

-if pull back from 1.618(100k), it will most likely come back to 0.786(higher 50k region) and top at 2.618(155k).

So if we are gonna go as high as that 260ish zone, then we must not see a major pullback from 1.618.

the major pull back must only come from 2.618 for this chart to hold true on the idea of +260k btc.

This is just one of my theories and as of now, nothing has happened to render it baseless.

It's very difficult trying to depict where price could go in a parabola folks but at least this theory gives us an idea.

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This is why btc bottomed at 15k.
It would suggest that we are beginning a new bull market which means we are still in the parabola in mentioned in 2023.
Let me know your questions on this as it could mean a 2016|2017 type rally for Mr. btc
Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesoría financiera. Lee los TyC.
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