I charted up this Fib Target Zone in January and it has hit smack on the money for $TSLA.
Worth noting alongside fib level, the RSI is in the gutter and volume is chopping/changing so interesting times ahead for Tesla.
Some people saying we’re at May 2021.
We are more likely at March 2020.
The cycle has been elongated due to Macro and policy.
We non-ironically have the best yet to come imo in terms of utility and Ethereum running.
DeFi will make a comeback. Ethereum will make a comeback.
It will be beautiful.
Feel free to fact-check me, but I believe from $1,000 to $2,000 took Gold about 15 years.
From $2,000 to $3,000 has taken just over 1 year.
And taking a look at the Gold vs Bitcoin chart is illuminating, too.
At this rate, Gold could overtake Bitcoin by Xmas 😂
$XAU $BTC
From a technical perspective, $DXY looks ready to make a move back up.
CPI should ultimately confirm this.
But as ever, Trump is the wildcard that could tank everything... So move carefully.
@Premzonline 100%. There is too much manipulation opportunity for Tesla to actually fail, they will get government contracts, subsidies etc and zoom back up at some point.
Since I'm talking smack, it is only about 6 weeks until we can revisit this prediction fully.
Right now, it's hilariously close - only $10 between them.
But 6 weeks is a long time.
Everyone is shorting $TSLA and most people seem relatively bullish on $TAO.
Anyone in $TSLA should put their money into $TAO instead for the next 12 months.
Then take that out, and put it back into Tesla.
Feel free to Bookmark this and see how it aged in April 2025.
Being completely real, when this crypto cycle is done, I'll be exiting 95% and going back to the stock market.
I love crypto but could have made a lot more on the stock market in the same period.
With a lot less stress.
And whilst we are at it, this is your solid entry (or re-entry) into $MSTR.
It is 50% down since November. Buy now. Watch it pump until October.
Then DUMP it.
Feel free to bookmark this.
This still the thesis on $BTC.
Can easily see drop down to $73-77k. Fits the pattern.
Whether the entire market structure has changed (for the worse) or not is open to debate but if you sold everything already, you're probably quite relaxed.
OK clocked $BTC, it's looking good.
Might drop a bit further - maybe down to $73-77k.
Then, we should resume an uptrend.
CME gap almost filled. Multiple patterns and confirmations. Overall trend.
For me? Panic isn't justified unless #Bitcoin really, REALLY drops to 60s.