Quick technical idea:
- Will go back to 55k, at which point a decision will be made.
- Will go to 78k USD before a pullback, possibly higher.
- Another hard drop and a bear market again, like in 2017.
Today Square's conviction made it clear to me that the thesis of crypto bulls from 2016 is coming true...
I think we will see 1 million USD in the next 4 years, I may release some more in-depth analysis on this later.
- Will go back to 55k, at which point a decision will be made.
- Will go to 78k USD before a pullback, possibly higher.
- Another hard drop and a bear market again, like in 2017.
Today Square's conviction made it clear to me that the thesis of crypto bulls from 2016 is coming true...
I think we will see 1 million USD in the next 4 years, I may release some more in-depth analysis on this later.
Comment:
It looks like it is following the bearish line