Some BTC Price Perspective

in #bitcoinchart • 3 years ago

image.png
https://pbs.twimg.com/media/E0SOFkgXIAEI_bE?format=jpg&name=4096x4096
Source:https://twitter.com/lowstrife/status/1388391130824380416/photo/1

I don't think you can draw too many conclusions with this that can be of much use for future projections, but that's not to say that this is valueless data. One thing that I will say is that, using how these bear and bull market cycles were labeled in this chart, there are indications (at the time scale) that a macro-bull market top COULD already be in, or approaching very soon.

To be clear, that's not my view of the most likely situation. I see BTC reaching above at least $100K before it's all said and done.

3 years ago in #bitcoinchart by
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