This is pretty close to how I think itll play out.
Exciting times ahead.
HODL.
@StockmoneyLWe have posted this
BTC roadmap for this cycle on 31st Dec 2023.
So far, it all looks like it's going according to plan:
1. Bullish momentum until ETF decision
2. Expected volatility and a possible correction in January
3. New ATH in 2024 after Halving (driven by mass adoption)
4. Based on past cycles a new ATH in Q3-4 2025
We have taken into account macroeconomic factors as well (recession, inflation). However, this is ultimately not a bad thing for Bitcoin.
More and more people see (and will see once it's mass adopted) Btc as "digital gold" and an inflation proof asset that is a store of value in bad economic times. Therefore we do not believe that the current bull rund is about to end soon.
Many catalysts on the way are likely to further boost this bull run.
Our own opinion. Not financial advice. Feel free to disagree
https://x.com/stockmoneyl/status/1746967395510407458Well, first it's kind of left-translated a bit, but then, a canonical cycle ending.
If it would accelerate as it is shown on a pic into early 2025, I might take a sliver off then...just to make sure
You seem to keep changing your plan in regards to the various places that you are considering shaving some off. I mean, I heard you say you would be shaving off around the $50ks and then in the mid $100ks and then this one seems to be in the $200ks ..but I suppose it could be the mid to upper $100ks... you just seem to be nervous about places in which you might take some off.. and maybe that is the dilemma with just having 20 BTC.. .but 20 is almost enough, no? I am currently using 20.5 in my current hypothetical of sustained withdrawal, and that is presuming to have had started with a budget of 21 BTC in late 2022.
I share with all of you some predictions of forum members talking about the price of BTC in mid year, after the Halving, seems like the vast mayority were not super euphoric.
As far as i can see in a very rapid way, the mayority is not super bullish for this first half of the year. Only Dany went nut and put a 91.000.
This comes from my
contest. Im gonna organized something in mid year so keep on track, maybe some related to NBA so the people from USA suits better.
With something like that sorting from highest to lowest (or even from lowest to highest) would be better than the seemingly quasi-random presentation that you have in that chart.
The market seems to have found a price its happy with at the moment. Well have to wait for the ETF to scoop up all the free floating BTC and start hitting up public markets before another big move. Its anyones guess how long that will take, but after this week we should have a little better idea about the ongoing demand.
Gold ETF had 9 mo of "chop" to a small down.
I'll give btc ETF half a time, which "coincidentally" would be at around halving
We could see a pop just prior a la May-June 2016 (it was a $439 to $763 "pop" back then or 74%).
I am not predicting the same %, but it could "rhyme".
That is a funny thing about history and even trying to match up patterns within a four-year fractal. It is not easy to get any kind of close match up, since each of the cycles have some characteristics that make them somewhat different, and it is not just a matter of the degree of the pump or the degree of the correction, yet also perhaps some historical factors (things going on at the time explanations) that somewhat contributed to the then performance pattern, and surely the kinds of things going on now are different in ways that we did not have that were comparable. maybe in terms of reasons for upwards price pressures..
And then gold does have some comparable aspects to bitcoin, but there are so many ways that bitcoin is different from gold too (and superior to gold too - approximately 1,000x superior give or take)... both in terms of bitcoin's lack of maturity, but then also in terms of its non-physicality, and surely bitcoin is the soundest money ever to have been invented/discovered while at the same time, so many people still do not realize such at thing to be true..
At the same time, several of the ETF providers are broadcasting and marketing these kinds of bitcoin ideas (as if they actually get it), and bitcoin had not really previously had marketers that go beyond just a bunch of us non-credible plebs voluntarily doing such sporadic bragging about all of the great things about bitcoin rather than professional marketers wanting to sell (pump) their "world-changing" products - while also pumping bitcoin.
