nostr:npub14qt30q0an6gwmcl2gnwu5hf6h7pgl68wm6c082asm5l9vdtzu87q0z9htj Exact. November's wedge/pause was Blue 2.
We're in the heart of Blue 3 now. Target: $50-55k imminent (by Christmas).
Then similar pause in Blue 4, through Jan. Not much, maybe $4-6k drop.
Then blue 5 into $60-65k region into Feb/Mar to complete Yellow 3.
THEN you'll get your sizable pullback. Note Yellow 2, it was long and shallow. EW's guideline of alternation tells us Yellow 4 will be sharp and fast. I suspect 20-30%. So from the $60k Yellow 4 high, that could bring us back down to $40k.
This will really fuck with the suckers. ETF approval, everyone chases and market rugs them with 20-30% drop. Then resumes in Yellow 5 en route to $100k (ish) somewhere in the May-Aug range.
After that, GTFO of Bitcoin and all macro markets. Macro dump begins then. Hope helps!
Now if these fucking miners would get their asses in gear, because that's how I played BTC to gain beta. They've barely moved since Sept. Grrrrr.
Got it. This is more or less in line with the idea that is starting to form in my mind that this next halving is being heavily front-run, so there wonât be much juice left to continue the ascend in 2025.
This is just an idea. Weâll see how reality matches it.
Front run. Exactly nostr:npub14qt30q0an6gwmcl2gnwu5hf6h7pgl68wm6c082asm5l9vdtzu87q0z9htj. Everyone keeps posting the "post halving price action chart". Recency bias. Market doesn't care.
When everyone is using the same indicator, that indicator should not be trusted.
I even notice it when EW comes into flavor every now and again. It'll stop performing as well, and more complex EW patterns will occur to trip up the noobs.
When everyone agrees, no one's thinking.
