BTCUSD (THE BIG PICTURE)

Here is where we are in my opinion coming into halving. Personally, I would not go long bitcoin today, but I am getting ready.


We are closer than ever to the next big Bull Run.

As you can see I highlighted the previous Bear Market and I believe we are in a similar position to the end of the last Bear Market Cycle.

Bitcoin tends to repeat historical patterns.

That being said, I am looking for a 25- 30% correction from this weeks previous high. (9600)

That would put bitcoin around 7000-7200.

If those levels hold. That's where I take a stab at going long.

And if bitcoin repeats itself again. Like it has done many times in the past. Get ready for one hell of a ride.

I believe digital assets are the next big thing in this next generation and decade.

So, be smart.

I will continue updating this chart setup.

Stay safe my friends.

JW

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