At $57,600 the price will have doubled in less than a month.
Going from past experience this usually leads to doubling again in about half that time, and then another.
My theory is that the doublings decrease each time.
There's probably TA based around that but I just go by that.
But this market is not like the previous ones. And I have no idea what that means including it might do exactly what you are predicting.
But we have never had big institutional money coming in like it might be now...
It may never turn into an unstoppable force and an ummoveable object, but the buyers might just keep appearing while the remaining holders get tighter and tighter. I am actually more worried this goes hyperparabolic and ends up more vol...
I am going to stop typing. I have no idea what is coming. I do not think we have a historical frame for it.
Of course, we have a framework... Don't be coming off as a newbie with your purported statements of futility...
Merely because the entrants might be BIGGER and more than expected does not signify that they break the models, even if they cause the models to become more bullish than previously expected, and there are even a decent number of credible model creators (and analyzers) who also accounted for scenarios in which the models might end up underperforming actual happenings, but still, does not mean that the model is broken, but could mean that the curves of the models might need to be shifted UPpity, no?
growing to 56000 now, drop to 5600 after
We better brace our lil selfies for the proclamations of a Nostradamus wannabe, also known as aleviaslo.....
He's been correct before, right? hahahahahaha... I really doubt it.Going from past experience this usually leads to doubling again in about half that time, and then another.
To me it means things are getting frothy. But first $100k
For sure, continuous doublings in shorter periods of time is hardly sustainable for very much time... but still, there remains a question of "when?"
Good Morning BTCLand ... OMG .... We are $1000 down ... We are in a Bearmarket again ... We all gonna die pur... D:
Let the corn take a breath
He run yesterday over 6 miles basically without pause.
It's weekend, maybe we see some dumps to buy the dip (not me, out of fiat) or we see today or tomorrow a new ATH, again. (we have to be careful, not that seeing every day a new ATH begin to boring!
)
There's nothing better than a mega-pump right after a dump for ants...
Is your body ready?
hahahahaha
That's for damned sure.