Probably nothing =D
But I don't fade the bull.
If you check my other ideas around this same scenario playing out, you'll see the confluence happening here. Keep an eye on rate cuts and M2 supply, we are about to boom.
This is a potential short cycle target for Bitcoin as we continue to follow this bullish parabola.
The long potential cycle if we do break sideways / down and have a prolonger recovery is shown in red zone.
My targets for a short / left translated cycle ending in late 2024, early 2025.
Included some meme lines to visualize the path to get to 280-300k per BTC.
Depending on the amount of sideways PA we see on bitcoin, the cycle may be longer or shorter. This chart is meant as a high level view of the situation to demonstrate how little time we have now that the 2024 halving has just passed. If we think targets of over $100,000 USD per bitcoin is possible, let your mind fill in the few months between now and then on...
