Key takeaways are:
Bottom is in.
365 days to -77% compared to previous 365 days to -84%, and 426 days to -87%.
If the monthly closes above 38.2% fib at $28k, we're most likely never go lower than $25 on closing basis. Chop around 50% fib $32, $35-27k range.
We'll probably top out at fib 78.6%, $49k and bounce out of $38k to ATH.
Takes about 1000 days to break ATH and another 450 days to reach the next cycle top.
Cycle top could be anywhere above $110k.
Bottom is in.
365 days to -77% compared to previous 365 days to -84%, and 426 days to -87%.
If the monthly closes above 38.2% fib at $28k, we're most likely never go lower than $25 on closing basis. Chop around 50% fib $32, $35-27k range.
We'll probably top out at fib 78.6%, $49k and bounce out of $38k to ATH.
Takes about 1000 days to break ATH and another 450 days to reach the next cycle top.
Cycle top could be anywhere above $110k.