As stated in my last post that "Potential flush incoming, before continuation upwards."
This recent flush has shaken out of all leveraged and long positions and data confirms whale buying up large quantities of btc.
I have maped out the cycles using red line. You can see with each cycle since 2010, it gets longer and less parabolic.
We are entering a age where we will see less blow of tops and more rounded tops thanks to the big money that is involved now making it less volatile.
Using fib trend based extension we could see $200k + but it will be steady rise this time.
This recent flush has shaken out of all leveraged and long positions and data confirms whale buying up large quantities of btc.
I have maped out the cycles using red line. You can see with each cycle since 2010, it gets longer and less parabolic.
We are entering a age where we will see less blow of tops and more rounded tops thanks to the big money that is involved now making it less volatile.
Using fib trend based extension we could see $200k + but it will be steady rise this time.
