For the most part, the general consensus, at least I believe when you assess the market honestly, is that BTC is about to soar to a new crazy ATH. It could very well super plummet, but I do not believe so. What I want to point out on my chart are the pink circles, the the two green channels within said pink circles, and that the first is the super cycle of 2013 and the second is the present moment. Within my analysis and how I see the market we are only on the fourth bull run and we are only halfway through said bull run. To me, this current bull cycle has been quite reminiscent of that of 2013’s cycle. There was a hefty drop of 33% right before BTC took off in 2013, therefore the drop(s) we had recently aren’t anything to worry about; technically, we haven’t even dropped a full 33%, this would bring us to approx. $32k. We could drop this low or not, or we could drop lower… who knows, but in my opinion BTC is about to rise so fast and so unexpectedly that it’s going to catch people off guard. As for an ATH, in my opinion, I don’t have a problem with a top of $500k or near, but I definitely think the $150k to $275k range is solid. This is all about to get really fun!!!
