I think we're repeating the 2019 bull market right now.
Looking at the weekly line chart, there are a lot of similarities.
The two bold yellow lines are the upsloping weekly candle close support lines.
The two downsloping white lines inside the two boxes are the downsloping weekly supports.
I copied the 2019 fractal and pasted it in yellow in the current price area and stretched it appropriately to the levels i expect to see over the coming 6 months.
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If we fall to 22k in the next month or two, I'm right about everything.
If we do that, we will run up to the underside of the upsloping bold yellow line and reject.
It will be around february (at least it looks like that right now) and it will reject us down to 3k bitcoin.
I do believe the next bull run starts then.
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Right now, expecting 22k in october/november
Expecting 53k again in january.
Expecting 3k in february.
Expecting the next bullrun to start in february 2022. Looks to be pretty much valentines day 2022 right now.
The two bold yellow lines are the upsloping weekly candle close support lines.
The two downsloping white lines inside the two boxes are the downsloping weekly supports.
I copied the 2019 fractal and pasted it in yellow in the current price area and stretched it appropriately to the levels i expect to see over the coming 6 months.
____________
____________
If we fall to 22k in the next month or two, I'm right about everything.
If we do that, we will run up to the underside of the upsloping bold yellow line and reject.
It will be around february (at least it looks like that right now) and it will reject us down to 3k bitcoin.
I do believe the next bull run starts then.
____________
____________
Right now, expecting 22k in october/november
Expecting 53k again in january.
Expecting 3k in february.
Expecting the next bullrun to start in february 2022. Looks to be pretty much valentines day 2022 right now.