In 2018 after the bull run the market had a rally to .618 fib level & took 7 months to pump from $3000 to $13,500, applying the same mathematics to the currently rally after the last bull run a pump to .618 fib level in 7 months would take us to $48,500 by July.
Then had a 72% dump before the 2020/2021 bull run, and if the same thing happened we’d top at $48,500 by July and dump 72% to $13,900 before the 2024/2025 run.
This is the most sensical perspective I’ve seen yet
EscobartCrypto
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@mikeyswaggle, yeah tried to look at BTCs history and be as logical as possible lol a lot of people will be max longing 48.5k thinking we go straight to new ATHs and its completely possible, this is just a logical perspective like you said