Bitcoin Heads towards ~100k Double Top - After 2024 Halving
This idea is just for fun, so what if...
-- we do reach or almost reach 100k, but not until after the next halving
--we stop there, quickly head back down to around where we are now (24k)
-- and then right back to at or near 100k again
-- double-top then an extended downtrend until 2028 halving (we don't actually have a date for this yet, just speculating)
-- this stops at where we stopped during March 2020's black swan event (maybe this becomes a double-bottom)
Then, resume bullishness as we head towards future halvings from now through 2140.
Meanwhile, between now and 2024, we do see some correction up into the 35-45k area (give or take), but remain in a long-term downtrend that finally bottoms out around the 16.5k area (wicks could go down to 12-14k-ish).
-- we do reach or almost reach 100k, but not until after the next halving
--we stop there, quickly head back down to around where we are now (24k)
-- and then right back to at or near 100k again
-- double-top then an extended downtrend until 2028 halving (we don't actually have a date for this yet, just speculating)
-- this stops at where we stopped during March 2020's black swan event (maybe this becomes a double-bottom)
Then, resume bullishness as we head towards future halvings from now through 2140.
Meanwhile, between now and 2024, we do see some correction up into the 35-45k area (give or take), but remain in a long-term downtrend that finally bottoms out around the 16.5k area (wicks could go down to 12-14k-ish).