Bitcoin is at it again. Last month, the price of the virtual currency quietly breached a new all-time high, cruising well past its prior peak of $19K set in 2017, and has been hovering around $36K at the time of writing.

If you compare this cycle's Bitcoin Price Temperature (BPT) pattern to that of the previous cycles, it is quite clear that this current bull run got heated faster after the halving than the 2017 run did, at a pace that is much similar to that of the 2013 double-tops which we previously covered.

This year we have only fallen 20%. In 2013 Bitcoin moved from $240 to $410 in one week, in 2017 moved from $2400 to 4100 in one week and did same thing in 2020 moving from $24000 to $41000 in one week.

We discuss all this and why I believe we are headed for an absolute rocket ship to $75K in March.

I also have some other interesting news that fuels this rocket even further that you will just have to listen to find out what is not being shared out there in the Bitcoin and Crypto space...

...only on Thriller Premium.

Bitcoin Charts by Bitcoin Jack via Twitter

A Repeat of 2013?

Bitcoin's parabolic rise during 2013 from $13 to $1,100 caught the attention of the mainstream media and brought many new investors to the market. For those who bought in at the top, the sudden crash to below $700 and the continuing slide downwards to a low of just over $200 by mid-January 2015 hit hard. Many of these people decided to cut their losses and cash out during this period, thinking that it was the end of the road for Bitcoin.

Most of the data in 2021 is showing that we are in for a double top very similar to what we had in 2013. Now what the passage above didn't mention was that we ran from $13 dollars to $200 dollars in a matter of a couple of months to start the year in 2013.

Does that remind you of should Bitcoin just did that exact thing this year and its not done. When does it start you say? Well it actually is easier to tell you when it finishes. Now I go into far more detail on the latest Thriller Insights.

But lets just say it runs to 75K and ends before the end of March. To get more detailed analysis well you just have to sign up for premium. The interesting thing about all this, most traders are not aware yet so they will not see it coming when this takes place. They will be left thinking the Bull Run of 2021 ended early not realizing they are making the same mistakes their bitcoin brethren did in 2013.

Check out the latest Season of Bitcoin TakeOver Podcast. I make a guest appearance on Episode 6.

S7 E6 – Car Gonzalez on Podcasting, Music & Integrity: As the host of the Thriller Podcast, Car Gonzalez often finds himself doing intensive research on Bitcoin-related businesses and products. But in his spare time, he very much enjoys listening to underappreciated Dylan albums and great records of the 1970s. In this episode, we talk about everything from the CoinMine to the significance of Bob Dylan’s “Blood On The Tracks”.

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