The current weekly candle will represent the turning point. Bitcoin is about to confirm a successfull 20 week MA retest and this will ignite the broader, more parabolic altseason.
Yellow line: 20 week MA Orange vertical line: First successfull retest in 2016 and 2020 Blue, Pink and Orange Box: First, Second and Third try of retesting 20 week MA Blue line: Ethereum price chart Green line: LINK price chart (+ LINK price chart copied to the 2016 cycle for comparison)
Thank you. This seems to confirm lenghtening cycles, pointing at peak market in late 2022. The STF crowd will be very disappointed. But then again, 2016 was a Bull Market, and no one seemed to realise it , at the time. Only in the Spring of 2017, folks started talking about it.