Don't get lost
Comment:
If you look at @EXCAVO chart you can see we have very similar thought.
Comment:
2. Bitcoin peaks in december twice, third time should coincide there as well (dec 2021) if you measure start and end of the first peak in the market.
3. New ATH will be set during december 2020 this year, this will be half way through the bull market
4. Upper pinnacle of the pitchfork in fibonacci time sequence gives us the possiblity to witness BTC reaching over 800,000$ while the green band ending at the top is around 200,000$.
5. It's hard to see if you don't zoom in but BTC MACD is behaving similary to previous bull market, there will probably be a slight dip more before we pick up the pace to the upside.
6. The RSI has topped off which it did before we went into the "real" bull market last time, there was a decline just like then as now.
7. 3.618 fib circle measured from the previous "bull-resistance" to the bottom of this market (orange line middle) is coinciding with the bear market ending and the bull market ending. I interpret this as we are about to cross into a new cycle.