Bitcoin HODL 'er strategy to reach two hundred thousand dollars per one BTC
When and how Bitcoin may cost more than 58 thousand dollars and can reach even 400 thousand dollars per one BTC. Is it possible to HODL Bitcoin and change your life?
And here's the weekly, right, is there's a chance now that bitcoin goes higher and does not necessarily even come back into this area. It's not what I expect at the moment. But there's a chance and if you don't have that allocation and something like that plays out, you're not going to be able to get in. And if you do get in and it's not going to be with a rider location, you're going to be pretty upset that it's already doubled or more in price. And I telling you, you're not going to be able to get on board with a show. Do you like this? So if, if, if bitcoin does something like this and gets to see 7,500 but then retraces back down, you know, to know more than sort of 6,000 and then sort of spends a lot of the time and the bottom there before going higher, you're going to find it very hard to get any type of allocation based on this because you're looking and your eyes focused on this 3000 even 2000 area on 4,000 for one more time.
The bitcoin four-year cycle is in the December lows right here on a 3000 dollars mark.
Mark the end of the prior four years cycle, a cycle that went for 52 weeks lower in a bear market and 153 weeks high and the bull uptrend for a total of 205 weeks, just three weeks short of a full four years. This video is an update to the four-year cycle video. I published on YouTube around January 15th. A video that was recorded originally back in late December, right when we were looking at this decline here in early to mid-December. I was about a week or two short from this final capitulation here. I think a video was posted on um, I, one of these declines here right at the beginning of December, but this December low here on December 10th, two weeks, the week of December 10th now marks what I believe with and nothing's ever certain in trading and investing, but with a very, very high degree of certainty or, or at least, um, high degree of confidence that the four year cycle low has ended.
Will we reach 90 k dollars for one Bitcoin in a 4-year period?
My goal here is not to provide advice. This is not advice, this is education. And I'm not saying that from a disclaimer standpoint. I'm not worried about that. I'm saying that because I don't post frequently enough on Youtube for me to even indicate what I might be doing on a short term basis. Treating is, you know, to active a fast paced process. And you know, if I say I'm doing something and then not be able to come back and inform you on changes to that outlook then and not doing any justice to you or anybody else. So I'm going to refrain from providing any direct type of, uh, you know, feedback or analysis on trading. You know, trading is one of those things where, you know, it's supposed to be a not a nonemotional type endeavor. And I've, you know, I've been known to have an opinion and a trade in a certain direction and the market reverse on me and then I'm, I'm capable of changing my analysis in my opinion very rapidly and not really caring about that.
Bitcoin will suppress a 30 000 dollar mark. When will it happen and when will start a new bull run?
Is something quite interesting? Now, this particular chart you see right now, and you might think this is bitcoin, it might take initially it. My thing is, is the chart of Bitcoin, because it looks very similar, but it's not. It's a stuck of a famous company, which almost everybody knows, I'm sure. About 20 years ago in [inaudible] 97 1997 the stock of this company went up 8000% 800% or more than that, actually in 1990 at peak and then crashed by 94% all right, so this stock went into a massive bubble. All right, and everybody knows what this stock is. I'll show it to you then crashed by 94% so let me show you precisely what stock this is liquid. Let's go to the next chart guys. Yes, guys, you guessed it. It's Amazon. You saw guys 20 years ago, the slough off Amazon went from a dollar 30 about a dollar 30 and then skyrocket as you can see their 8360% and then Amazon went to $110 and then crashed in the famous dot com crash of course of 99 nine 2000 and dropped by 94% similar does that, does that look very similar or familiar to bitcoin?
Here I am, I'm going to produce another video here. Obviously, you're watching it right now. If you like this video, tell me you show me, you know, by, by using the light and subscribing. If the engagement is there and people will actually find values, found value in my videos, I will certainly publish more of these. I just need to know that I'm not wasting my time by doing that. So again, if you like it, share it, let me know and I'll keep going and I'll, I'll get deeper and deeper as, as we go along with these videos today. I want to focus on a video that many of you asked for, which is a cycle on a shorter timeframe. So the last video covered bitcoin from a four-year cycle perspective. The bull and bear phase over multiple years, of course, but that cycle was grateful hurdlers and investors, it doesn't do much for traders of course.
Page 3 of 6
- Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk