It doesn't look like we have fully retraced from the long term head and shoulders pattern from our last run up. Price target at 11k to fill up bags It also looks like we have a ways to go to reach the bottom of the green band in the puell multiple to signify a bottom as it did in the last two speculative markets. related link: studio.glassnode.com/metrics?a=BTC&category=Market Indicators&m=indicators.PuellMultiple&zoom=all
@jmitchell119220792, reversed of 20k to 23k... is very week if this is a reversal this could be 25-26k min. for me even is possible is a trap...i consider 1 drop more to 14-15k could be possible and start of acomulation for next bull cycle around end 2024-2025