Be careful and watchful for one last red day before ATHs or maybe a bit after. The 50k support is there and its strong. i think if we touch it we can close around the 53k-57k mark and be up and onwards from there.
6h tf MAs are the trend setter on this run. the 20 ema is the grail. trend is friend until end rite? @wyckoffmode pheoix is at a strong point on the weekly and daily so i think we get one more spike to 60 on this wave
Everyone is looking at 2017/18 like there is anything there, there is no pattern in price action from that time period. Everyone calling bear market fails to back it up with anything besides tether fud. When btc touches 400k everyone will look back and say ahh yes that made so much sense the world printed xxx amount of 'money' and it was bound to happen.
Dont be surprised if we see something erratic. beras bewareas. Im assuming this is the mirror image of the double bull run in 2014-15. That is what this idea is based on. See my other charts for a broader perspective.