This is where I see the market heading for the next few months. A long consolidation for bitcoin before making new highs maybe between the end of the summer and the beginning of the winter. I still think we are in a bull market and that this cycle isn't over yet. I'll explain why in a series of post in the next few weeks.
We sure as hell got to that lower price rung pretty quickly! Hope your prediction comes to fruition.
vladmyr
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Why you think we back under 40k? Looks like we will close weekly above 40k with nice retest of that zone. Anyway, your ideas are interesting and useful, I agree with main part. Thanks for the work!
FrederickDupont
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@vladmyr, I will explain it in a series of posts starting today!