BTC has to consolidate because otherwise further increases may quickly end the increases. This bullish market is so far different from the previous ones.
- Faster increases
- Weaker corrections
- Few consolidation places
To continue the patterns, the PI bitcoin indicator needs to cool down, which clearly indicates that we are in the last bullish cycle practically just before the parabolic rise to 120-150-220-340 thousand. It all depends on the blunt growths. I think now for a month or so it can be a strong alt season for some coins.
Previous:
- Faster increases
- Weaker corrections
- Few consolidation places
To continue the patterns, the PI bitcoin indicator needs to cool down, which clearly indicates that we are in the last bullish cycle practically just before the parabolic rise to 120-150-220-340 thousand. It all depends on the blunt growths. I think now for a month or so it can be a strong alt season for some coins.
Previous:
