Lets look at TERAs charts from early 2014 and what they might mean for us today

[TERA2]

I know everything is off by 1 year, but bear with me here...

Jump to exhibit D for the punchline

Exhibit A

Guys I have some bad news for short term speculators. I just got back from the future in my time machine and I managed to take a screenshot of 'wisdom.

Exhibit B

Here is a bullish and a bearish possibility moving forward, though I am no longer placing bets on the downside as it is too risky at this point, even if that case were to materialize.

Exhibit C

There have only been two bubbles in bitcoin.  Bubbles are actually a series of multiple bull-runs (about 4). Inbetween bull-runs are short consolidations and inbetween bubbles are deep prolonged crashes. It's somewhat like EW theory. Every rise in itself is not a "bubble" - this is a misnomer.

Exhibit D

Here is how an EW analyst might see the future.  (abc would be longer time but I couldn't fit on chart).  I could try to rationalize the peak with something like  ' all governemnts ban btc once it is big enough to pose an actual threat to fiat currency' or 'catastrophic protocol failure or unresolvable scalability issue', 'world financial meltdown / wars' or simply 'competition from something better'.

In summary, first I predicted that we would go further down in a EW wave into a multi year sideways trend in the 200-300 area before going back up to a new ATH, which nobody expected and thought I was super bearish for. Then I predicted we were in an even larger EW wave and the next bubble, bubble 3, would be wave 5 and go to 20,000 before starting ABC. Wave 5 is shown as weaker than Wave 1 or 3, as it is supposed to be, and matches with what we just saw where we had a really slow controlled rally instead of the spikes we are used to.
 I also gave multiple reasons for a drop which we weren't really having back then but are having now.

sry for the bear thread



hodl

[1715126909]

1715126909

[1715126909]

1715126909

[1715126909]

1715126909

[1715126909]

1715126909

[1715126909]

1715126909

[megadeth]

TERABear

[Toxic2040]

TERABear

-snip-
-snip-
-snip-
hodl

Some decent insight via your previous charts actually. Going bearish in these current conditions is sub optimal imo.