Here we are folks. Two years in the making... We're finally going to bump our heads against the moon and continue out of the solar system. Aurthur Hayes promised a "two step" move too 20k, just not in the manner retail thought. Mr. Aurthur Hayes is a masterclass in deception and disinformation. I can only stand back, see the empire he's built, and slowly clap my hands while wearing a crooked(devious) smile on my face. I believe there's sufficient evidence now for the next leg of the macro bulltrend.
Why do I believe this? The white trend lines on the chart are the macro bearish suppression zone, so for big money to maintain the suppression zone, whilst also allowing other traders to make some profit so they can eventually get trapped, they must move their liquidity down with the zone until the trend exhausts. I drew the green arrow curve to represent what price action will most likely do. It's parabolic in shape because the BTC halving events generate a lot of demand and a shortage of newly mined BTC. The periods correlate with major exponential upwards price discovery. Once we bottom out, probably right before halving, a lot of big moneys' long dormant orders will be filled and beat the dust off the books. Then, a lot, and I mean BILLIONS upon BILLIONS, will flow in from failing traditional markets such as Forex or some European and Asian Exchanges/Indices. This is sort of like "Reagan Economics", where the big news, rumours, and best prices go to big money first. It then trickles all the way down to you grandma. By then, big money is already getting ready to suppress above previous resistance levels: 9k - 20k. Price will be compressed against 20k and eventually breakthrough in two to three years, which will coincidentally line up nearly exactly with the global recessions and corrections that are set to occur during the two to three year mark from now.
As the world watches BTC do what it does best, cash will flow out of the traditional markets:
The vertical white line marks the third halving event.
Then the rocket engines are ignited! If you've ever wanted to become a millionaire, billionaire, or the worlds first trillionaire, and very quickly, quadrillionaire, start saving as much as possible immediately, and when the day comes you'll be ready for that perfect price(either buy it on a spot exchange, use cross margin, or 1x leverage). As long as the global telecommunications and power grids don't go down, BTC will continue it's upward price discovery until it approaches its upper limit, where it would take an infinite amount of time to converge with the upper limit. Not sure, but I think it's 1,000,000. Then the market stabilizes at it's upper limit, and now there's enough "traditional" money for everyone in the world to have equal purchasing power. This huge influx of global wealth will help fund R&D we can't yet even fathom and interplanetary colonization. The world of tomorrow is now upon us, and we must cross over this great barrier and triumph in the face of the inevitable void. Then everything happens again with it's own "flavour"(referring to base particles of matter and other varying EMF.
Alright, I'm out for tonight, so everyone imagine this vision and decide what kind of legacy you want to leave behind for future generations. Good night.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.