ISRAEL vs IRAN escalation.
#Bitcoin has sold off sharply following these news.
However, $BTC has historically performed relatively well following major geopolitical risk events.
Geopolitical news should generally be faded.
🔎 Charting Bitcoin’s Bubble Potential 🔎
The Power Law support in blue (depicted as 0.1% percentile) and the top band 99.9% in red show the range of possibilities given past data. Including the observation that the peaks seem to decay in an exponential fashion (second chart)…
Learn the Power Law using just a calculator.
1. Check current Bitcoin block # (past or future is also OK).
2. Divide by 110,770.
3. Raise to 5.4 power.
That's your estimated BTC price!
(Example: Nearest Block # 862,000 -> BTC~$64,830) #Bitcoin#CryptoMath#BitcoinWave
When comparing the current #BTC market conditions across various indicators to previous Tops and Bottoms dates, it appears that #BITCOIN is currently closer to a bottom than a top. This is an opportune moment to accumulate before the bull run really pops.
It is going to be a wild 2 years of Bitcoin price action. Nov. 2024 we start the bull (hopefully) we got up to 210-270K about Nov. 2025 and then we go down to 65-72 around Nov. 2026.
Unless you plan to do something in these 2 years to lock some of the gains, you can just turn…
When contrasting the M2 money supply with the #btc historic price, you can see an increase of liquidity injected 1.5 to 2 years before the cycle top (red zones in spiral). This cycle we haven't seen that. Hopefully upcoming rate cuts will bring that explosive bullish movement .
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