🚨 COULD BITCOIN BE FOLLOWING LIVERMORE'S 1929 PATTERN?
One Bitcoin chart is making a very bullish case.
The thesis compares BTC's current structure with Jesse Livermore's famous accumulation pattern from 1929.
According to the model:
📍 Points 1–7 → already played out
📈 Point 8 → the next potential expansion phase
The projected path:
🎯 $130K → first major target
🎯 $310K → potential later target
📉 Then → a major correction
The idea is based on Livermore's Accumulation Cylinder concept,
where prolonged accumulation is followed by a powerful expansion phase. Similar BTC versions of this thesis have previously projected much higher targets.
But there's an important distinction:
A historical pattern is a scenario, not a guarantee.
If BTC continues to follow the structure, the upside could be significant.
If the pattern breaks, the targets become irrelevant.
Are we entering Bitcoin's next expansion phase — or is this another case of fitting history to the chart? 👀
$BTC
One Bitcoin chart is making a very bullish case.
The thesis compares BTC's current structure with Jesse Livermore's famous accumulation pattern from 1929.
According to the model:
📍 Points 1–7 → already played out
📈 Point 8 → the next potential expansion phase
The projected path:
🎯 $130K → first major target
🎯 $310K → potential later target
📉 Then → a major correction
The idea is based on Livermore's Accumulation Cylinder concept,
where prolonged accumulation is followed by a powerful expansion phase. Similar BTC versions of this thesis have previously projected much higher targets.
But there's an important distinction:
A historical pattern is a scenario, not a guarantee.
If BTC continues to follow the structure, the upside could be significant.
If the pattern breaks, the targets become irrelevant.
Are we entering Bitcoin's next expansion phase — or is this another case of fitting history to the chart? 👀
$BTC