Wednesday, October 20, 2021

Q4 Crypto Market Timeline Discussion

I was listening to Crypto Banter on Youtube here: https://www.youtube.com/watch?v=fYghDNgBOX4

He mentioned at 28:58 that his friend CryptoBirb tweeted a prediction about the order of events that will be happening in Q4. The tweet can be found here: https://twitter.com/crypto_birb/status/1450166310634151942?s=20

The timeline is this:

  1. $BTC ATH in next few days
  2. Institutional + retails FOMO hard
  3. Tech giants open crypto payments
  4. #Bitcoin📷 pulls 150-200k peak
  5. $BTC reversal day 40-50k drop
  6. Ultimate altseason
  7. Bear market 2022
  8. $BTC bottom 10-20k usd

I thought it would be interesting to get some friendly discussion and to hear people's thoughts on how this will play out. I did think point #3 is really interesting and this is one of the main reasons I'm posting this because it can relate to Flexa / AMP heavily. I have seen other "market experts" saying something similar about how big retailers will allow crypto payments during this time. It would also seem to fit with Flexa's timeline to start "turning on" crypto payment acceptance at a lot of these merchants we've been waiting on. Perhaps they're just trying to get their timing right?

My thoughts:

  1. Yep already passed ATH today and it will continue to go higher for another couple months.
  2. Agree
  3. This would be amazing for Flexa / AMP and our point of breakout from the long stagnation. Possibly expect huge news from Flexa turning on the ability to Pay with Flexa in multiple locations.
  4. BTC will peak anywhere from 170k - 300k.
  5. Agree, although not sure on numbers.
  6. Altseason will definitely mark the end this bullrun as it did in 2017/18.
  7. Yep bear market 2022/2023.
  8. BTC bottom not that low.. maybe 30-40k.

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