BuckarooBanzaii

$BTC market cycle - does history repeat?

BuckarooBanzaii Updated   
BNC:BLX   Bitcoin Liquid Index
If we believe in market cycles my current model is expecting an extensive period of consolidation/accumulation in front of us.

RANGE: $6.900 - $9.600

If price drops lower than the $5.600 level on the way to 2020 halving - #BTC is either under heaviest manipulation or more likely is gonna die.
Comment:
Still on track. Expecting some further pullback to 8.250$-7.700$ though, before we increase the thrust to exceed the threshold (@ ~14.000$) ..

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.