A quick comparison to 2012 shows that BTC will probably go sideways for a long time, and could dump down to the 9000 area.
It will probably hit the weekly middle bband at some point, as back in 2012.
This would also align with the halving timing, and the stock flow model, etc, showing the ATH to be reached in 2021.
Should it now suddenly pump and go past 13.9k, this here would be invalidated, and BTC would go for a gold fractal repeat.
We'll soon see what'll happen. I am starting to be more inclined towards the long sideways however.
It will probably hit the weekly middle bband at some point, as back in 2012.
This would also align with the halving timing, and the stock flow model, etc, showing the ATH to be reached in 2021.
Should it now suddenly pump and go past 13.9k, this here would be invalidated, and BTC would go for a gold fractal repeat.
We'll soon see what'll happen. I am starting to be more inclined towards the long sideways however.
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I should add that the green and yellow lines just represent different possibilities of what could happen. It can touch the middle bband in different ways.
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Looks as if it wants to take the yellow path, the fast route to the middle bband.
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Taking the yellow path towards weekly middle bband again. It will probably slow now, stay there for a while, then climb again towards 11-13k.
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I will update these charts here from time to time, but since we see boring sideways action, as predicted, there will be no need to publish lots of charts in the next 2-3 months imho XD