Bob Loukas is a trader and investor with over 25 years experience trading various different markets. He has been tracking and following market cycles for about 15 years. He recently published this video which is an update on a 4-Year Bitcoin market cycle video he published on the 15th of January this year.
In this presentation he shares with us his analysis and views on the new 4-Year Bitcoin market cycle which we are now in, and also refers to the two previous Bitcoin market cycles.
Perhaps the most interesting and valuable part of the video is where Bob shares with us his outlook (which he believes is the most likely scenario) on how this new 4-year cycle will potentially play out in the future.
Bob believes that there is a high probability that the top of this 4-year cycle will be around October 2021. Which is roughly 150 weeks from the lows of December 2018 to October 2021, which correlates with the previous 4-year cycles.
Whats the price gonna be? I hear you ask!
Between $200,000 and $300,000!!!
I have only touched on a few parts of this presentation which obviously has a lot more detail and valuable information to offer.
Bob Loukas is a well respected, level headed individual who has provided us with what thousands of people and myself consider to be valuable information and insight, mainly for long term investor's and traders..
Check it out!
"Every great dream begins with a dreamer.
Always remember, you have within you the strength, the patience, and the passion to reach for the stars to change the world." - Harriet Tubman
Continue to do good things
Thanks for your support its much appreciated
@conformity
Source - Bob Loukas (YT channel)
Very interesting. Also, I liked the overall way the information was presented. As far as investing goes, I personally like big picture cycles as opposed to trying to hit shorter term technical highs and lows.
That said, cycles and technical trading is essentially looking at the past and forecasting the future. Which we all know is not 100% full proof. However, this information is in line with several other well respected analysts have projected. Time will tell.
Thank you @conformity.
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I'm glad you took the time to watch the video and found it interesting.
With the smell of bullish sentiment in the air I thought I'd post this so that people can start dreaming of early retirement and Lambos again!
Like you say, Time will tell!
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It's been a long while and we've waited, now we're ready
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Yep, ready and waiting!
$200,000 Bitcoin in October 2021 would be nice!
Steem at $20 would also be very nice!
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Let's wait and see what Bitcoin will look like until October 2021.
I always believe and keep it for the future.
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I'm a believer too!
You have got to be patient in this game.
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This post has received a 74.8 % upvote from @boomerang.
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Thanks for the upvote.
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You got a 55.65% upvote from @brupvoter courtesy of @conformity!
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Thanks for the upvote.
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Yeah I saw his vid, def one of the better predictions I have seen.
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The predictions and analysis are pretty good and realistic. I'm gonna be getting sum more bitcoin and holding most of it till 2021.
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