DrJeff on Nostr: UPDATE: Do not take any of these magical lines or ridiculous predictions seriously. ...

UPDATE: Do not take any of these magical lines or ridiculous predictions seriously. 👀

quoting
nevent1q…qmwp

It's been awhile...

So here are more magical lines drawn on a chart... 👀

I drew this potential reverse head-and-shoulders pattern back in late May and have been watching the price action with much interest.

OPINION #1:
If the bitcoin price retests the $111k-112k region in the coming days/weeks, then buckle up for some serious upside price action.

OPINION #2:
$140k-160k would be a reasonable (and relatively quick) price target.

OPINION #3:
Don't take any of this stuff too seriously. Just stack sats and chill. 😎

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Regardless of the outcome--and whether or not the current business cycle extends into 1H 2026, which is interesting to consider--I wish each of you well.

Onward and upward.