As you can see we are at the crossroads between bull run and bear market.
In my opinion, bitcoin could create an ascending triangle, which could result in September this year.
This would mean that during the summer we could see a consolidation between 40k - 60k.
If Bitcoin closed a weekly candle below MA21, it would mean entering the Bear market.
1. That yellow line corresponds to the possibility that the bitcoin correction is over and we're going for a new ATH
2. If btc changed his mind and continued the correction, we would have 3 more waves in wave C waiting for us at DOT.
For me, I like the second option more because DOT is an interesting project and so there would be better prices for the...