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Although it feels like in this market cycle we’re going up too quickly, when I look at this chart, it feels a lot like the previous market cycle should have looked like this if we didn’t have Covid crash.
(Purple line vs green)
This pullback was long overdue.
Not sure if we’re out of the woods but I’m happy regardless if we go up or down from here.
We’re nowhere near the peak of this market cycle.
But I feel like 25-30% correction will come soon.
I’m getting serious early 2021 vibes.
Wow, Bitcoin hit 70k today!
Now the big question is - is it going to smash through this level soon or are we going to have a major pullback first?
This clearly shows that new retail investors are simply not here yet.
We’re still early (but not for long).
I’m getting some serious early 2021 vibes but we’re MUCH earlier in the market cycle.
My guess:
- BTC goes back to ATH and a bit above (maybe 80k)
- We have a big (20%+) pullback and a couple of months to cool off
- BTC then goes parabolic
Most likely I’m completely wrong tho
From the new ATH to below 60k and the day isn’t even over yet.
Bitcoin-based entertainment at its finest 😂🤪
Bitcoin hit new ATH almost 2 months before the halving. WTF!? This is going to be an interesting year.
This. Bullish af but we’re overdue for a correction.
My guess is around 20% pullback to 50-52k range.








