Bottom should be around 110 - 100 USD ...
A. January has never dissapointed on the Logarithmic chart (correction / short) B. Till now we heve never broken the support on the Logarithmic chart ! Hystoricly ! C. And if we need to make a choice between patterns, fractals, and trends, then the last one will be. D. Bottom between 5.6K - 4.6K MAX depending on where we break down ! E. Bottom may be hit allready !
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Searching confirmation based on the fractals !
Trend is your friend ...
It will be a long way to retest the bullish trendline again, as we have clearly steered away on the logarithmic chart ....
If we compare previous Bullrun from 2017-2019 we can clearly see that it was a cycle of "Two" years, from bottom to top and all the way back down. So I believe its safe to assume that we are now in the ending of this "One" year mini Bullrun - "current Cool down period" ... Price targets still 5K -> 3K ! Before new cycle Date target should be around Febr./Mars ...