as you can see we get a triple top trident red pattern on NVT then a drop into a green bull signal that launches Bitcoin past ATH.
There's no reason why it should not do the same this time. It looks to me if this is the case that we could go sideways bouncing between 6 and 9 until at least September next year and if the NVT shows a green buy signal then its will moon past ATH. remember bitcoin never had futures and options influence in the last bull runs. everyone was screaming for big money to come in from them and now they may have to deal with it being correlated to the big money in every market
it COULD happen sooner, there are no rules, it could go to zero !! there are no rules, and of course, the alt's may keep taking chunks out of the BTC market cap if people like grayscale keep buying all the new mined bitcoin.
conclusion NVT has done the Tripple top trident and coming down bu way off a green buy signal. there needs to be more selling before it reaches the green buy
do me a favour. copy and paste this to twitter and see how long some of the youtube arseholes take to say this chart is their idea