This is the last chart of hopium I had.
Bros the S2F model isn't working
Did you really believe that shit?
Did you actually believe this shit?
please tell me you haven't been clinging on to boomercoin for the past few months
It is literally working perfectly fine, there is a longer delay after each subsequent halving. Current price level is consistent with the model
bitcoin will have a fuckton more institutional sellers bleeding the bitch dry during the bullrun, but there will be undeniably less sell pressure over the next year, and it's going to translate directly to an insane alt coin run just like it did in '17, get in or get fucked inbred cuck
check the SUTER chart if you need a dose
Yeah I unironically held bitcoin through the entire cycle.
I guess we have ~8 more months to find out if 100k+ happens.
The guy who makes the chart said the price always floats for a month when it's passing $1,000 $10,000 etc.
You all are going to need at least 1 Bitcoin to survive the apocalypse. You don't have much time left to accumulate.
I'm thinking I'll sell on July/August 2021 at 150k
outliers and fakeouts are a thing. have some god damn fath
S2F is shithouse. Your looking at 2023 before 100k USD.
zoom out
You had 12 years
The author of this model is larping mountebank. Good to see this retard chart getting wrecked.
>this time it's different
You have been warned.
looks like working exactly to me or are you blind?
yeah they can't even read a fucking chart in front of their noses
There was literally an article today from these guys where they said it's going exactly according to plan on the macro level.
looks like the dots are curving the wrong way. if BTC doesn't move up to like $15k at least soon I'd say it isn't looking good.
short term deviations are normal on a price chart bitcoin never did the exact same looking bubbles before won't do them in the future either. don't forget people are racing to dump on each other and to buy dips...
>n=2
an honest answer: we are below where the model dictates for this time. we should be at $14k.
the issue is we have relatively less volume than normal due to covid. this thinner markets means the rehypothecation that is avail via the btc "lending / borrowing" market can cause mini dumps that reject 11k/12k levels hard.
However, this is just pseudo-rehypothecation and eventually there will be a short squeeze that actually catches them. Once that happens we will probably overshoot the model a bit and find a trading rage slightly above model for a time.
tldr. its working but thinner volumes are causing delays.
You could always just use a different Chart
Strange, you don't seem to care about the other major deviations that happened in 2011, 2013/14, and 2017. It's almost as if WAGMI
>sell
ok, ngmi
only the strong hands will make it the weak shall perish
op is a retard /thread
shit fud, October will be biblical