Charts never lie

This is prediction i've got from my friend who working in Pantera Capital Trading Panel as a head of trading. So he calls 7300-7500 in Q1 of 2021 and 160k in Q3 of 2022. What's your thoughts guys? This is a W timeframe.

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so he expecting brutal dump after quick fakeout at 20700. me, personally agree with him bc all indicators are overheated and overall market sentiment is degen-bullish so why not

then whole 2021 is semi-bearish year of consolidating in range 11500-19900
then in Q1 2022 BOOM! clear breakout of 2022.

i can agree with him with that scenario, it will be more naturally than unstoppable blastoff from current price levels. and again, this will be first huge test of weakhands for all big boys like MicroStrategy, who bought BTC at range 12000-19000, so yeah

this green "buy zone" box is re-test of 2020s YO and plus re-test of previous maintrend line, perfect price action if it plays out

funny enough this is how i expect the markets to play out, i recently sold half my stack
i might miss out on a little run up to ~20k towards the eoy but that isn't going to faze me
early-mid 2021 is going to be somewhat quiet - this is where you should be accumulating
once 2022 excitement begins be ready to start selling off

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u really think all these businesses who are coppying each other by throwing hundreds of milllions of dollars at bitcoin are gonna let it fall below 10k? civil war in usa maybe then it happen or total blackout

your "friend" is an absolute moron, did he ever hear about futures? He would be the richest person on earth if this had any chance of happening

They only care about the long-term price
Being underwater for less than a year won't even faze them

muuh but charts never lie yah?

yeap, this is what i think for
one year dip (-50% of drop) is just another one buy opportunity for them

its like wealth transferring from weakhands to stronghands

I've been saying this for months. This run up has had no energy. And crypto whales will always choose the path that either shakes out or leaves the most people behind. At this moment I think more people will be shaken out from a 50% drop than will be left behind from a 50% rise

YES! TOTALLY YES!

wher do I jet one of thes charts?? I want no future

Microstrategy's stock price dropped 10% after their move. It's widely seen as a poor move. They overextended.

>Your "friend" at Pantera Capital just copy pastes the price action from the last cycle's breakout
Where do I get that sweet gig?

just take a deep breath and catch nirvana

The fact that there is no energy despite a run to 20k is bullish you fucking imbecile. This time there are substantially more corporate interests and wealthy individuals invested who have no desire for the price to drop and cause a shakeout.

If BTC goes below 10k it will lose all trust it gained. If whales want a shakeout they will end up gaining nothing but a destroyed asset that no one has faith in anymore.

bruh, where you seeing the copy paste? u mean bullrun of 2017s? nah, take a closer look its not simialr

The breakout of 2016 fool
It also looks enlarged if I recall it correctly so it seems to go lower and take a longer time

so bitcoin is a faith asset?

what about Benchmark Protocol (MARK)?

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stop shilling ur shitcoin
there is Bitcoin OG's thread

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absolute brainlet
also retarded but the first half was right

Clearly. It has no intrinsic value.

now this is fud!

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what is definition of intrinsic? wtf this word?

It's just some arbitrary word people use so that they can feel superior/smart

looks like it yah

zoom out bulltards. clearly the chart needs one more swift drop to confirm the bottom before roaring through 20K onwards to the 100K's. This chart just makes sense. Also, what do whales have to gain? Accumulating more fucking coins

you're not gonna see sub 10k anymore dude

Look at the course he has it taking up to 160k as well... That's "degen bullish overheated" and what not, so I guess you do believe it's possible to keep moving up like this you just don't think it will be right now.

see those long lines down around january / february below 10k? Yeah thats when Kamila becomes president and shuts down the economy and the stock/crypto markets plummet.