This is solely a prediction for the coming cycle top. I am looking for a third trend touch that will occur between 3.618 and 5.618 of the previous cycle high to swing low. If the time frame cycle to cycle lines up at 47 monthly bars, cycle top will occur in third quarter, likely in october.
Summer time may be slow, but I think buying pressure will ramp up in the fall. This will lead to the eventual blowoff top that btc goes through each cycle.
Blow off target = 207k-315k
This is not financial advice, this is just a prediction I would like to publish to look back on.
Let me know what you think is going to happen by years end in the comments!
Summer time may be slow, but I think buying pressure will ramp up in the fall. This will lead to the eventual blowoff top that btc goes through each cycle.
Blow off target = 207k-315k
This is not financial advice, this is just a prediction I would like to publish to look back on.
Let me know what you think is going to happen by years end in the comments!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.