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We are in the tail end of Phase C and looking to enter Phase D. 38k BTC may indicate we are in Phase D 41-42k BTC may indicate SOS in Phase D - also entering into Bull Market Support band LFG!
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2017/2018 Crash resulted in a drop of 84% dropping to low of $3110 -> Today's equivalent would be to $10.7k 2020 COVID Crash resulted in a drop of 64% dropping to low of $3840 -> Today's equivalent would be $23.9k SUPPLY ZONE is overhead supply or people possibly awaiting to drop their shares to "get out" or true autist crypto hodlers -> Possibly difficult...
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