So..... this is kind of the timeline I got from staring at a corner for hours. (I'll try to spare the super details)
1. Bitcoin going into the $40k's = Biden inaugurated
2. Bitcoin pumping into $60k's = Bitcoin ETF becomes a very real possibility after YEARS as word gets around of the new SEC Chairman being super-pro-crypto since he freakin' teaches it at MIT.
3. Bitcoin then corrects back to $40k or so.
4. Bitcoin pumps back to $60k's = Inflation data for January is released and it looks.... concerning. Even more of the super-savvy institutional money trying to stay a step ahead moves into the inflation sensitive asset.
5. Bitcoin pumps into $90k's = Same inflation data is now finally spreading around in the retail communities and more and more people talk about it, and most retail finally get a grasp of how inflation actually works. FOMO is right around the corner as people begin to pile in cause at that point; with the inflation numbers right there, it's hard to deny Bitcoin won't be going to $1 Million (as most YouTubers and "experts" will be claiming by then and at that psychological stage)
6. Bitcoin pumps into $200k's = February inflation data is released in mid-March. This data looks terrible towards inflation likely going to do a huge spike for March. Now "inflation" is the buzzword around the crypto community and just investor world in general as people are FOMO'ing left and right into Bitcoin.
7. Bitcoin stays in the $200k's range bouncing around for a couple weeks = THE TOP is actually put in already, as FOMO retail and world awaits inflation data on March that will be released in April.
8. Bitcoin leaves the $200k's range and begins decline as it enters "Denial" and "Return to Normal" stage = March inflation data released and indeed it is a big unexpected spike in inflation metrics. However, it's always a Sell The News event as the smart big money took off with 400% profits as FOMO retailers were awaiting. The smart money knows the FED will act immediately and curb the inflation therefore the inflation cycle likely begins the other way as the new business cycle begins.
9. Bitcoin enters a 1-2 year correction = Just like last time, all those FOMO'ers jumped on the bus at the last stop and then refused to believe (denial) the ride was over.
10. In 2023 or 2024, Bitcoin starts another Bull Market. But this time; ETHERERUM IS TO STEAL THE SHOW and the great Flippening happens = Gary Gensler, the new super-pro-crypto-MIT-professor-who-freakin-teaches-blockchain-and-digital-assets-at-MIT-of-all-places, is the new SEC Chairman and they finally feel it is time to release a Bitcoin ETF.
11. That bull run ends in 2028 as we near another Great Depression caused by overstimulating (no choice) the economy during Covid. Not just the US as many other countries did the same. This is an exact play by play replica of how the Big Japanese Housing and Stock market crash happened.
Stimmy doesn't work this time cause stimmy is what caused it in the first place. Wealth gap was only accelerated in Covid and continued to grow bigger and bigger throughout the Roaring 2020's... Great Depression creates Gotham City-like places. What two US cities put out the most GDP? And what do they share in common with Gotham City?
The doomsayers now (or rather the mainstream buzzword) is to say the US Dollar will crash soon and this is why Bitcoin is going up. They are about 10 years too early.
The US Dollar is not crapping out right now due to money supply (that is just a very small part of it). The US Dollar is crapping because we sucked during 2020 and did AWFUL in handling Covid and our economy suffered worse than other countries (comparatively); therefore other countries lost faith in the US Economy strength and devalued the dollar compared to other country's currencies. There is only one way up from here, and the USA Economy will be ROARING back.. and so will our Dollar as other countries in the EU are hitting major struggle walls as we are looking up, nobody will trust China fiat, and welp... the US Dollar will reign on top again near the end of this year of 2021.
The 2029 Great Depression is when the US Dollar will shit bricks, and also when Bitcoin will legitimately have a Global VALUE WORTHY of a $1Million. (many countries, not just the US, enter a Great Depression; and ones that don't go under suffer greatly cause they lose our revenues).
12. I will shit my pants if all this actually happens. Hopefully I'm on the right side of the whole thing as it plays out.
Side Note: This thread will go crazy when we reach around #5 the $90,000 range as "inflation" gains traction as a buzzword and can't be ignored. Users outside of the typical 4-5 we saw in this thread for the entire past year begin showing up left and right asking when the dip is. I will also Quote this exact thing and post it in the thread as it happens lol.
