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Epic Pennant on BTC Chart


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1 hour ago, MQB said:

1834892640_BTCcurve.thumb.jpg.914b52bc446ebb57f2e58e274c78e83a.jpg

Here is a popular chart for BTC price of this cycle.

It's a little bit bigger your number @jMusic and roughly in line with @Eric's but the timing is a little off

It fits one of your theories about right? @automatic  @Plikk

For BTC, the S2F model has been pretty on point for the previous cycles. This would mean a BTC price of 250-400k is possible, but I don't see it going any higher. Once prices keep increasing so do the people predicting more and more outrageous price predictions. Be careful of that :) It's time for the alts now to shine first now, which is looking great.

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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

4 hours ago, Eric123 said:

but I decided against it

That was very strategic from you. Quite a few folks hearts could have stopped. Nevertheless, this is the la futura I intend for myself – cash out at  XRP=10.

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3 hours ago, Plikk said:

For BTC, the S2F model has been pretty on point for the previous cycles. This would mean a BTC price of 250-400k is possible, but I don't see it going any higher. Once prices keep increasing so do the people predicting more and more outrageous price predictions. Be careful of that :) It's time for the alts now to shine first now, which is looking great.

As you may already know from my previous posts on the subject, I too use S2F and S2Fx in my long-term analysis. I also include Metcalfe's Law and my own versions of Power Laws and Logarithmic Growth Curves.

I agree with your analysis, but on this occasion I don't mind being wrong to the upside !!

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Okay okay, gents, what about timing and alts this cycle?

I am gradually harboring the suspicion that, since all alts have been arising to a certain high level, if BTC peaks within the next two months, most if all alts will launch a collective parabolic run starting several days/a week away from BTC's peak, for a month or 1.5 months. Then alts will be dumped into oblivion while BTC will not dump that much as last cycle.

What say you?

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39 minutes ago, NMNR said:

Personally I think alt season is truly waiting for XRP to be deemed all well and good. I see XRP being the spark I.e. a lot of existing XRP holders will sell and spread gains in other alts. 

Good point - I'd imagine there are many potential speculators out there concerned the SEC could come after ANY crypto.

Until either the inept congress makes some sensible new laws, or a judge has made a solid ruling on this whole BS.

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35 minutes ago, jMusic said:

For me alt season already started...most of my alt portfolio has increased significantly over the last 4 months. If you expect it to go even further from here then great !

Agreed, alt season has been going on for quite some time now. Many have mooned incredible amounts. I think what people in this forum mean when they say “when will alt season begin?” Is “when is my xrp bag gonna moon?”  

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3 hours ago, JASCoder said:

Good point - I'd imagine there are many potential speculators out there concerned the SEC could come after ANY crypto.

Until either the inept congress makes some sensible new laws, or a judge has made a solid ruling on this whole BS.

A case in point. Shipchain. SEC investigation of their ICO put them out of business before xmas

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10 hours ago, MQB said:

Okay okay, gents, what about timing and alts this cycle?

I am gradually harboring the suspicion that, since all alts have been arising to a certain high level, if BTC peaks within the next two months, most if all alts will launch a collective parabolic run starting several days/a week away from BTC's peak, for a month or 1.5 months. Then alts will be dumped into oblivion while BTC will not dump that much as last cycle.

What say you?

sounds reasonable

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Bitcoin's price is still in a sideways pattern.  Bollinger Bands are back to contracting.  Hashrate near the ATH. Nothing new to report really.  If I had to guess I'd say we might see a little drop in price 2-3k to make everyone think we are getting a head and shoulders pattern before we break out to the upside again. 

4 2 2021.png

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