Bitcoin (BTCUSD)

[ap17]

nutshell:

EVERYTHING HAPPENS IN 3 MONTHS 💸
During a bull market, 75% of Bitcoins price action occurs within a 3 month window.

That’s the point Fred Krueger is driving home.

Fred Krueger
For those of you who don’t know Fred Krueger, here’s a quick rundown on some of his credentials:

Worked on Wall Street during the early 80’s to late 90’s

PHD in Math from Stanford

10 successful entrepreneurial exits from companies he created

In his latest video, Fred explained that 75% of Bitcoins price action occurs within a 3 month window.

Let’s take a look at previous cycles:

The chart below shows Bitcoins price action from 2011 to 2014.

Notice how it basically trades flat and then rockets up in the last 2 months.

Cycle 1
In 2017 the exact same thing happened again…

The market does a whole lot of nothing and then explodes in the last couple of months.

If you exited the market in October 2017, you would have missed 75% of the bull market…

Cycle 2
Surely it doesn’t happen three times in a row right?

Well it does…

Again, the market does a whole lot of nothing before exploding in value.

The 2021 bull market saw Bitcoin rocket up from $20,000 to $60,000 within 4 months.

Cycle 3
With this in mind, Krueger is strongly against trading Bitcoin:

“Things can happen very quickly. We can go triple, quadruple, 5x in a period of 3 months. If you miss those 3 months, you will miss everything.”


Fred Krueger
The best strategy in Krueger’s opinion is to simply accumulate and HODL.

“If you’re not in the market for those 3 months, it’s very unlikely that you’re going to be able to get in to the market and be there with any kind of size when this thing actually goes up.”


Fred Krueger
Although current price action may be “boring”…

You have to stay in the market to capture these crazy upwards movements.