when in doubt, zoom out
(and hodl)
(and hodl)
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This is one of my favorite graphs. There's NEVER an over-lap from the 4-year prior. I think the lowest 4-year Ratio is ~ 1.40. So, current of 1.50 is very much on the low-end:Originally posted by MalikHusam
Where's the fuckin power box, Carol?Comment -
Chuck, they're (BTC) breaking through the 65/66K support.
LMK, I was thinking of dipping back into ETH/USA but my hands have been cut to many times catching the falling knife???
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The captain of the Titanic??Originally posted by MadisonComment -
MAD, it's ambitious for sure. My notes:Originally posted by Madison
1) Put me in the Bitcoin-maxi camp. I don't like ETH (or other coins).
2) There's evidence that Businesses and Nation-states have been accumulated BTC.
3) Directional price of an Asset is not always predictive of future movement on that asset.
...IE: Momentum trades are not always great.
I'm a believer in Bitcoin. Mostly based on the scarcity. And also b/c many investors are asleep at the wheel.
Where's the fuckin power box, Carol?Comment -
Where's the fuckin power box, Carol?Comment -
Be nice if that holds.Originally posted by ChuckyTheGoat
Using this chart, two conclusions (or perhaps, assumptions) are made.
1. The price will reach $100,000 per bitcoin no earlier than 2021 and no later than 2028. After 2028, the price will never drop below $100,000.
2. The price will reach $1,000,000 per bitcoin no earlier than 2028 and no later than 2037. After 2037, the price will never drop below $1,000,000.
As always, the logic of this chart and the assumptions derived from it depend on bitcoin's previous performance being indicative of the future.
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Your input is always appreciated!!Originally posted by OptionalComment
