BTCUSDC SPOT
Long

Last upward phase of a 4-year cycle

115
TakeProfit range: 136-141k
Duration: 3-5 months
On a pure simple technical basis.

Today:
- Bitcoin: Exchange Inflow (Total) - All Exchanges:
Strong Friday, weekly peak Friday traffic 49k
25k on Saturday, compared to 7-8e on previous weekends.
- Bitcoin: MVRV Ratio 1.92
- Frear & Greed Index: 26

Source:
cryptoquant.com/asset/btc/chart/exchange-flows/exchange-inflow-total
cryptoquant.com/asset/btc/chart/market-indicator/mvrv-ratio
coinglass.com/pro/i/FearGreedIndex

Risk:
If the chart breaks to the downside, a longer 2-year sell-off will start.

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