Projecting from the previous bull markets

2 Jan 2021

Projecting from the halving doesn't look exactly right for where we're at in the market, but projecting from lows also looks very artificial in this run. It looks like we're pushing through the middle of the last two bull runs, though. I expect we'll stay bound in that range (both time and price) unless there is a major change in the demand side of the market in the next six months.