Jump to content

Epic Pennant on BTC Chart


Recommended Posts

  • Replies 10.5k
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

Well guys for those of you that got in late 2017, this is what the beginning of a Bull Market feels like.  There will be ups and downs of course, but it will get much crazier with much higher valuatio

Just taking the time to say a huge thank you to you @Eric123. I have been reading this thread daily for a long time now. I don't often sign in to post something so this thank you and acknowledgment of

I was a bit bored, so I decided to analyse the reactions in the first 404(!) pages of this thread. In those 404 pages, 3938 comments received a reaction, and in total there were 11515 reactions g

1 hour ago, Neurotoxin said:

So all I have to do is move to Europe and get citizenship? Where’s the fastest, easiest place I could do this?

Don’t have to move to Portugal , you can apply for a golden visa, and stay their a minimum of 7 days a year 😬 + 500,000 investment 

Link to post
Share on other sites

A lot of people on Reddit subs are saying alt season is here. It’s definitely pumping, but some are equating it to late 2017 already. 

If it’s already 2017 equivalent I dunno what I’ve been waiting for. I couldn’t think of anything worse than one more month of pumping then a crash and bear market for 3 years. 
 

Surely this is more late 2016 / early 2017?

Link to post
Share on other sites
9 minutes ago, MaxMad said:

A lot of people on Reddit subs are saying alt season is here. It’s definitely pumping, but some are equating it to late 2017 already. 

If it’s already 2017 equivalent I dunno what I’ve been waiting for. I couldn’t think of anything worse than one more month of pumping then a crash and bear market for 3 years. 
 

Surely this is more late 2016 / early 2017?

The last two 4 year cycles of BTC lasted around 200 weeks each with around a 50-60 week bear market at the beginning of each cycle.

The respective rising phases in 2013 and 2017 lasted 140-150 weeks each. The low point in this cycle was at the end of 2018, so we are only at around 100-105 weeks into the bull phase, which means we may still have 35-55 weeks to go and the peak of the cycle will only be reached between July-November.

But, like everything in this market, just speculation

Link to post
Share on other sites
58 minutes ago, Elysium2030 said:

The last two 4 year cycles of BTC lasted around 200 weeks each with around a 50-60 week bear market at the beginning of each cycle.

The respective rising phases in 2013 and 2017 lasted 140-150 weeks each. The low point in this cycle was at the end of 2018, so we are only at around 100-105 weeks into the bull phase, which means we may still have 35-55 weeks to go and the peak of the cycle will only be reached between July-November.

But, like everything in this market, just speculation

Weeks? 😱

Link to post
Share on other sites

If you look at the charts, you can say the bull run started in March 2020 which means we could be a few weeks away until the end of the bull run. 

What I don't understand is why most other cryptos haven't moved in conjunction with Bitcoin where as during the last bull run, most alt coins were hitting new all time highs. This time, most alt coins are nowhere near their ATH

Edited by Moonraker
Link to post
Share on other sites
6 minutes ago, xrp-nuke said:

Nonsense

Bull market starts from last ATH, not from last ATL.

Nonsense.

How can you call it the start of a bull run if the price goes from $20,000 to $3000 if measured from the last ATH?

 

Edited by Moonraker
Link to post
Share on other sites
28 minutes ago, Moonraker said:

If you look at the charts, you can say the bull run started in March 2020 which means we could be a few weeks away until the end of the bull run. 

What I don't understand is why most other cryptos haven't moved in conjunction with Bitcoin where as during the last bull run, most alt coins were hitting new all time highs. This time, most alt coins are nowhere near their ATH

Sorry to quote you twice so soon, but I’ve been thinking about this. I think everyone knows their project is about to get hammered by the SEC and you are seeing safe haven bets which is suppressing most of the ALTS.

Link to post
Share on other sites
54 minutes ago, xrp-nuke said:

Bull market starts from last ATH, not from last ATL.

Completely agree.  Bitcoin's bull run starts when it hits a new All Time High. Just look at Bitcoin's history.  We are in a bull market now which started December 16, 2020.

Guys remember Bitcoin is not an Equity.  Stock trading rules only loosely apply. 

 

Link to post
Share on other sites
1 hour ago, Eric123 said:

Completely agree.  Bitcoin's bull run starts when it hits a new All Time High. Just look at Bitcoin's history.  We are in a bull market now which started December 16, 2020.

Guys remember Bitcoin is not an Equity.  Stock trading rules only loosely apply. 

 

Are you implying that, because you think we're at the start of a bull run, you expect Bitcoin to continue to rise for another 11 months or so?

Link to post
Share on other sites
Posted (edited)
2 hours ago, Moonraker said:

Are you implying that, because you think we're at the start of a bull run, you expect Bitcoin to continue to rise for another 11 months or so?

I"m no implying anything.  I've written directly, numerous times on this thread (probably more than 20), that I expect the Bull market to last for 12+months and for Bitcoin to reach about $400k

Edited by Eric123
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.