Clear massive bull flag breakout has occurred on the 6-hourly chart (and others). The flag goes back to about 4 months ago now. Very strong sign for THETA/ BTC pair for the next few months.
Closing a 6-hour candle strongly above 27,700 sats with high demand will certainly launch a large upthrust.
Green squiggle would be a super healthy bullish return to test ATH. But how we come up to test ATH could vary wildly. Regardless, we are likely to at least touch ATH once more soonish.
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I remain bullish on THETA vs fiat for 5 years + from now, but we must consider the possibility of this ~1yr up-thrust ending with a distributive top that could cause a multi-year consolidation (bear market).