Bull a question.
Is it premature to speculate that a big down fork is forming (or has) in Bitcoin, and that Bitcoin is in major bubble phase?
We all have our ideas I suppose on why forks do work, whether we use a quad fork or a standard stockcharts fork, that mid tine follows some fib time/price channel (imo).
Since the beginning of the 2025 Biti on net has been accumulated, daily chart, to date. Just noting. Hedges or something more going on?
No present bitcoin related positions.
Tweets
This chart is purely speculative, bitcoin has broken down on an hourly chart, from last significant low. See bitbo chart for reasons behind the labeling, stockcharts chart does not go back to the beginning of bitcoin.
Following with interest, daily. If valid, dollar going to move on up, maybe bigtime; and gold down, maybe hard. Bitcoin does not like a rising dollar, worse than gold in that regard, see overlay.
The cycle pattern lines up with cycle patterns in the USD.
Bitcoin, back to 2011. All speculative, with big bottom and start of wave count at the late 2011 bottom. Wave 5 started at beginning of 2015, and extended. The 2018 top was wave 3 of 5 top.
If one invested 10 K in Bitcoin at the beginning, they would now be a billionaire.
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