
Stack Hodler
@stackhodler
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Building @StackWisely to help people accelerate their financial freedom with Bitcoin🇨ðŸ‡
Switzerland
Joined May 2020
RT @stackwisely: The model-destroying bull run you've been waiting for is on the other side of this line. Will we break it? .
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If you take the long-term indicator data from the 2017 and 2021 cycles and apply it to today, you end up with $1 million per coin by New Year's Eve. This will not happen. But it gives you an idea of how insane 2017 was. In fact. If you just look at 2017 data, it projects.
We're currently projecting a top near $247,335 in October. Like all guesses at a top. This one should be taken with a HUGE grain of salt. Our core belief is that you should have a plan in place for a bullish AND bearish scenario. Including the possibility that we already
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My personal bias is that we haven't even hit the meat of the bull market yet. Zero real euphoria. Slow and steady grind up, boring the short term holders into capitulation. But I hedge my personal bias with a plan that helps me to sleep well in all scenarios.
Bitcoin is nearing a decision point on the medium-term. - Weekly MACD is threatening a bearish crossover.- Stack Wisely Cycle Index potential lower high.- Weekly RSI potential lower high. Bottom line: Momentum needs to pick up again otherwise we could be entering another bearish
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