I think this cycle's final pump is yet to come.
usually btc bottoms around 1 year before the halving and tops with a blow off top before.
If history is any indication, I expect a 5th wave pump to 150-200k, blow off top, go back to new fair value at 60-80k, bottom 1 year before halving, reaccumulation, halving, new cycle.
My analysis is telling me that btc is currently in an ascending triangle wave 4 and has formed a weekly hidden bullish divergence on the higher low C. Wave 3 is extended so wave 5 should be similar to wave 1
To understand the fundamentals and how the world is changing and bitcoin becoming a core part of the world, I suggest everbody to watch
"Principles for Dealing with the Changing World Order by Ray Dalio"
www.youtube.com/watch?v=xguam0TK...
Then take the knowledge from Ray Dalio and combine it with Arthur Hayes article "Energy Cancelled"
cryptohayes.medium.c...ncelled-e9f9e53a50cd
usually btc bottoms around 1 year before the halving and tops with a blow off top before.
If history is any indication, I expect a 5th wave pump to 150-200k, blow off top, go back to new fair value at 60-80k, bottom 1 year before halving, reaccumulation, halving, new cycle.
My analysis is telling me that btc is currently in an ascending triangle wave 4 and has formed a weekly hidden bullish divergence on the higher low C. Wave 3 is extended so wave 5 should be similar to wave 1
To understand the fundamentals and how the world is changing and bitcoin becoming a core part of the world, I suggest everbody to watch
"Principles for Dealing with the Changing World Order by Ray Dalio"
www.youtube.com/watch?v=xguam0TK...
Then take the knowledge from Ray Dalio and combine it with Arthur Hayes article "Energy Cancelled"
cryptohayes.medium.c...ncelled-e9f9e53a50cd
Comment:
unfortunately this could get invalidated and turning into larger abc
