BTC Megacycle

BTC

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Narrative is to hit the 200WMA under 6k to commit capitulation in all the halving speculators and miners, then resume swiftly the uptrend, letting them in the dust and making them buying higher.
Please consider all variables, this is highly speculative, but with so many eyes on the same event, it't becoming harder to imagine that everyone gets an opportunity to buy before halving and sell higher for a profit immediatly

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The opposite of this capitulation scenario is if we're assuming the capitulation has occured this week, and we see a bullish wedge breaking out now

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How would this make you feel:
Consolidate Dec 2020 under 20k, Fail to close Monthly above 20k -> Dump to 13.5-14k -> resume moon mission from a proper launchpad

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This is just great

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Running nicely

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HTF idea also here:

BTC, eyes on the prize, monthly pitchfork

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if fractals repeats, we see a touch of the 7SMA 1M in February ~22k while also breaking out of into the month end , kinda crazy, but it happened before

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Two ideas on the Monthly, which one do you prefer?

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2017 moon like scenario or Double-Bubble Tim Draper scenario?

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Either way, I don't think we'll go below 20k again. Maybe if another End of the world scenario kicks in, but highly unlikely to close below, especially as time goes on All major banksters will be bidding that area. What would cause such a drop? Maybe Tether FUD, regulation, profit taking a la Bubble burst with 8k charts popping again etc

userfan

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userfan

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