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Topic: Bullrun top - page 5. (Read 1051 times)

hero member
Activity: 2870
Merit: 594
January 24, 2024, 07:30:41 AM
#5
Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
Not sure about it, but if you are a long term investors, all time high is 2017 and then followed by 2021. So if the pattern continues then the top will be or might be q4 2025. And we have a lot of interesting prediction as what will be the top price,

legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
January 24, 2024, 05:48:52 AM
#4
Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
It's hard and nearly impossible to know where is a top and when will the top be seen?

You can use Pi Cycle Top indicator as part of your prediction.
This indicator won't help you to exit before and at the top but a little bit after the top but it will still be a good exit. At least you already know where is the top and by exiting, you will avoid 2 or 3 bearish years.
sr. member
Activity: 448
Merit: 691
In ₿ we trust
January 24, 2024, 05:48:24 AM
#3
It is general consensus in the community that BTC will not top this year, it will encounter a resistance region and move sideways, many people who are stuck in important price regions (50k, 60k,) will exit the game making the bearish movement of the Market.

The pattern is very clear, just as Frank said. The cycle always repeats itself, infinitely... understand the dynamics of the cycle that makes you money.

but anything can happen, past movements do not guarantee the future, they are just probabilities.
legendary
Activity: 4424
Merit: 4794
January 24, 2024, 05:41:58 AM
#2
Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024

each ATH (bullrun top) happens +1 year after halving
2011 ATH($30) year after first market open
2013 ATH($1.2k) year after 2012 halving
2017 ATH($20k) year after 2016 halving
2021 ATH($70k) year after 2020 halving
thus mid spring-summer 2025 prediction for next ATH (bullrun top)

halving year normally does not exceed previous ATH

2012 halving year reached $15:  did not exceed 2011 ATH($30)
2016 halving year reached $750:  did not exceed 2013 ATH($1.2k)
2020 halving year reached $20k:  did not exceed 2017 ATH($20k)

so 2024 pattern would expect to not exceed 2021 ATH($70k)

..
with that said. when a pattern is too well known. many people anticipate and plan to beat the pattern, thus breaking the pattern
newbie
Activity: 5
Merit: 0
January 24, 2024, 04:23:56 AM
#1
Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
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