Ninjastic
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Re: Give me your predictions for the next long term peak, and why.
by
traderethereum
on 06/12/2020, 06:22:33 UTC
Quote from: FiendCoin on December 05, 2020, 08:22:09 AM
Quote from: traderethereum on December 05, 2020, 06:37:08 AM
Quote from: FiendCoin on December 05, 2020, 05:24:10 AM
Look at the monthly candles. We'll get a 9 in September or October 2021 depending how this month closes. Also, look below...
Maybe that is right, and maybe we need to wait for more.
But how if the price will touch the new ATH in 2022? And in the next year, the price starts the rally from $20k and breaks so many high prices until 2022.
After that, the price will hit the next ATH in 2022, and the price will be more than $100k in the next two years.
I think that it could be like that because bitcoin can move to a high price anytime.
But as usual, we don't know how high the bitcoin price can make it in the future, and it could be the next ATH will be more than $25k.
But if that is a long term peak, it could be the next 2 years or 3 years later.

By 2022 we'll be making lower lows in the next bear market moving towards the bottom.

100k would be low based on previous ATH's.

In any event, we'll know by summer of 2021 if I'm right. Watch those monthly candles  Wink
Maybe yes, maybe no. But we already saw and knew that after the price hit the new ATH, the price will start to go down, and what we already noticed, the price still goes down until it reaches the lowest price that we don't know before.
I am afraid that will happen again in the future after the price hit the new ATH.
$100k is the highest price for bitcoin to reach, and we don't know if, in the next bull run, bitcoin price can hit on that price.
We will see what will happen in the summer of 2021, and if the price really starts rally to the $100k, that will means we can make a lot of money from the new ATH.
So waiting for more will be the only answer to see the price will go up higher.