Very, very cool analysis.
Based on time cycles, we should get back to $20 by May 15th. However, as you know, price takes the stairs down and the elevator up. Also, price has to get through sellers at $10k, $12k, and $17k first. Thus, I will be happy if we saw $20k by Dec.
Doesn't it normally take the stairs on the way up and elevator on the way down? Or is that stocks?
Yes, thanks for the correction...keep the great post coming.
No, I think you are right, BTC seems to take the elevator on the way up and the stairs on the way down. It took one month of gains close to 2 months to retrace... right? :)
Alway exceptions to the rule :)