Based on all the available data and previous pattern, I can conclude that another bullflag is forming. Top in 2-3 weeks. Wick towards 112-115k is the top.
I also believe we ll form another bull flag in few months.
Cycle cannot be over with btc dominance sky high.
Market makers are extracting maximum liquidity and btc from retails.
They scream cycle over at the end...
s3.tradingview.com
Compare the latest chart with the 2017 chart before 50% dump.
1. Volatily expansion follows the overall trend.
2. 30-50% correction incoming.
3. Target price is USD18k-21k.
#These are for educational purpose only. No financial advice.
Based on the volume analysis of previous 2017 bull run and current 2021 bull run, my conclusion is:
1. Parabolia beginning early April.
2. Market top in end of May or early June.
3. Current price of usd56k correlates with usd4-5k in 2017. Considering this is supercycle, lets say btc does 6x (better than 5x of 2017) from this point.
4. Market top price : usd...
