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hardforky
Mar 29, 2023 11:15 PM

BTC - Market Structure (D) 

Bitcoin / DollarBitfinex

Description

Bitcoin continues to press on the top of this descending channel

Some Cycle Guru disagreement here:

- If you pertain to the Real Estate Cycle this will support a longer-term bullish move for next 5 years to a blow-off top in 2029 (18.6 & 100 years cycle). Heavy growth in banks & commodities, average growth in tech.
- If you lean to Robert Prechter and his 100 year wave theory top in 2021 then his crash theory will indicate a pointed drop ahed of us.
- If you just roll the dice, respect.

Either way, It should be an interesting year ahead.

Best, Hard Forky

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still at resistance

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if bullish then traditionally price volatility will calm and pum in a week or so

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