if this completes it would mean -16k from 92k right?
because normally it drops the head distance !?
Discussion
Yes, that’s correct. That blue line going down is towards the target. But this was my ‘bullish’ prediction I made last year, and so far, there’s nothing to worry about
thanks for the video
i am also not worried
my guess is 650k for end fo 2025
if it only gets to 200k i would say the 4 year cycle breaks and 2026 will be another positive year with about 300k target
I would happily be wrong about this but I don’t see the cycle breaking, I think the the supply factor plays too much of a role in this regardless of how big demand gets. It has also become a psychological phenomena of traders. So selling will naturally increase at certain levels and timeframes. Will we see 70-80% crashes very unlikely but bull right through I don’t see it. Tide will need to go out at some point. At least not this cycle maybe once we are past 99% supply mined then maybe.