Made this fractal from a previous dump to complete an inverse head & shoulder. Made it on September 7th and it has been roughly following so far. Let's see what comes next.
Would set up 2025 nicely for a new speculative bubble.
After BTCUSD completes its slow bull uptrend, the trend explodes into a new frenzy bubble.
Altcoins stop bleeding in BTC terms and the market multiples.
A cycle similar to the others.
2024 = 2016
Under this pattern, BTCUSD does a slow grind to the upside.
Some believe BTCUSD is gonna pull a 2020 correction black-swan. I don't think so. Probably because there isn't a life altering pandemic around the corner.
BTCUSD looks much more like the '16 cycle than the '19 one.
