the bitcoin chart is a fractal pattern
if you bought at 1000 in december of 2013 you would have been bagholding until february of 2017 to breakeven. in the same way, if you bought around 18k in december of 2017 you will be bagholding until february 2021. that is the next bullrun. remember that the btc market's participants is the entire human race and therefore the chart will behave in fractals.
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>History will 1:1 repeat itself
>implying history doesn't repeat itself
whoa fractals... trippy... haha... nice..............
Okay. Well I invested $15k, took out my $15k and left in $9k I made in gains. Lets see that $9k turn into $100k with some fractal magic. 0% loss in my investing career.
>Trends last just as long today as they did in the 1920s because fractals
Yeah nah mate
Wow, I did a calculation based of cycles and came to the conclusion that the next trend reversal would be aprox march 2021. How did you arrive at february 2021?
20k in october
Remember to do the math on how much you would have made without cashing out
Identically every time, yes, you're exactly right.
Studies have shown that investors who focus on avoiding losing their initial investment make more money in the long run than those who "chase gains". I tip my hat to you, sir.
>(((Studies have shown)))
good goy
In this market it will. Not sure about the cycle after that though
Just a hunch, although february-march is probably more accurate
>fractal magic
No more magical than TA.
I did a lot of math and found a pattern in Bitcoin's cycles.
Care to post it? It would help me have evidence for my claims
You know the scariest and legitimate Bitcoin dumps are when there are no shills posting fud?
No sorry, I might want to capatalize on it later when I turn out to be right.
I won't lose my initial my dude and I'll be much more exposed to an emerging market
studies cater to the lowest common denominator which you clearly inhabit
>stay poor
Don't do this user
did you put halving in your model?
>Reward-Drop ETA date: 28 May 2020 21:57:39
bitcoinblockhalf.com
yes that's why you should be in vechain for now
Solid logic, sold 100k btc
Intradastin. I screencapped your initial post for later reference, OP. What do you think about the probability of one BTC becoming worth a million? Is it mathematically impossible?
no. it is the combination of the bubble curve and the scurve
except the exponential growth has now been stopped by block size limit
History repeats; in a way bitcoin growa in bubbles, it's always extremely overbought then extremely oversold.
It doesn't mimic exactly what happened last time, this time bear market may have ended with 6k in 5 months, or we may even go as low as sub 3 even 2k and this trend can continue for more than 2 year.
Nigga we bull now
Ever heard of mt gox retard?
My model says the bull run is tomorrow
Which is why itll take a few years you brainlet
Many people believe it does. Eternal recurrence. Might have to wait for BTC to hit previous ATH a couple millions of actual eons if that is the case.
>the exponential growth has now been stopped by block size limit
Found the subtle bcash shill.
OP is correct, however it won't take until 2021.
ever heard of binance?
>bitcoin
>adoption
>basing TA prediction on Mt. Gox crash
BTC will never reach a new ATH, guys. Sorry to say it - and I have more skin in the game than most. But it's not going to happen, it's completely controlled and manipulated now. Absolutely no reason for Them to take it to 50,100k etc. No reason at all.
You can fuck right off, too.
>there was only one bullrun before 2013
>there won't be bullruns between 2017 and 2021
lmao
I just looked at the 1 min chart for btc - classic bubble pattern, get out now while you still can.