I believe the 4th wave bottom will be lower than the summer low,(20k) a la extended flat correction. 100k is in the cards this year though. Very bullish.
Immortal_s
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@SS_NOV,Can happen, I think if its fall down around 20/15K, the counting can change and will be End of 2nd and uptrend will be more bullish, around 300k.Its will need Time
thomas8419
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@SS_NOV Do you think by next halving the whales will try to have the higher time frames in over sold conditions to prepare for rally? I hope bullish soon but also btc is tricky.
SS_NOV
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@thomas8419, I think they'll dump it like 2020. Rip the band aid off, liquidate leverage, to get it over with and begin path to 100k. Apart from technicals, I think inflation will continue running hot through this year and the next and the "cycles," become more and more irrelevant as the market begins treating bitcoin for what it is.