The medium article on BTC halving is very interesting...even though I find the numbers kind of hard to believe - $383K to over $500K BTC after the halving. That is insane.If NEM keeps up with that it could be as much as $4 or more!
I have checked out lots of TA .... we could go down to 5400 before the slow rise through the halvening period, a slow rise to 18000 BEFORE the blow off which should be over 250000 by about December 2021
383k after the next halving?The thing is, everything has changed with the institutional investors and with the shorts on the futures market!We cannot trust the old data anymore and that the cycles will repeat like in the past!And as long as there is no bitcoin ETF I am pretty bearish I have to admit!Now they can short the fuck out of bitcoin but its pretty hard to buy it for a long term investment , especially for the average investor!
I also watched him many times, just to see what the heck he is doing😂And he made some very bad calls at that time!TA works because everybody is watching at the same trend lines etc. nobody is watching at circles!TA is a self fulfilling prophecy!