I’ve created this because I’ve had literally tens of people messaging me asking for an updated chart – There isnt a huge amount to update from the last one- we topped at the right time, wrong price – I’ve retraced 80-85% and then onward to a price target of 330k.
Trying to predict the price of a relatively new, risk asset in the middle of a pandemic and world war 3 is pretty poinless but this might be a bit of fun to track and its max pain for a lot of people, buying at 69k, seeing it drop into the teens then staying in the 20s for a year will flush a lot of people out…
But like I say, I dont think price can be held that low for long, there simply isnt enough corn and theres a lot of hodlers now.