February 21, 2021-Jerry's Short Term Price Target: Unable to predict; all models destroyed.

 

Current Stock to Flow Across Asset Model Price: $61,612/BTC

Cycle Repeat Chart Top Projection: $943,000/BTC by Oct 26, 2021

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"All your models are destroyed." -Michael Saylor

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Friends, I think we're about to go parabolic. If you think we have gone up fast in the past couple months, prepare yourself for the real bull run.  There is a supply shock with a lack of Bitcoin available. The mining companies like Riot and Marathon are even holding Bitcoin instead of selling. I really think the price is about to go vertical. 

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Could I be wrong? Yeah, I suppose so. The math makes sense though.... Every Bitcoin bull run in the past, after the halvings, was stronger and more ridiculous to the upside than people thought possible. We're talking about a reduction in supply while demand is multiplied. This happens while the government is about to 'stimulate' another 1.6 trillion dollar package. That will suppress the dollar more and add even more buying pressure to this market. The price has to increase...substantially.

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Parabolic price increases do not last forever. They increase at an exponential rate until the structure collapses. We're just getting started. I don't know where it stops...strap in. 

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This is going to be fun.

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-Jerry

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