Just spended the day on fractals, this is what i came out with. I personally think is needed a move like this to shake out all the new trades that approcced crypto. The main reason i don't think we will end the bull run with a blow off top is due to the
non-parabolic accumulation we had before the 2021 rally. My guess is that we are in a huge accumulation phase that will not end soon. Unfortunatly in the major paint, we can drop 60-80% and btc can still be in a bulllish accumulation.
non-parabolic accumulation we had before the 2021 rally. My guess is that we are in a huge accumulation phase that will not end soon. Unfortunatly in the major paint, we can drop 60-80% and btc can still be in a bulllish accumulation.