the way i see it, bitcoin formed a hand, a head and two shoulders, we lack the second hand..(not gonna go into why i actually believe this will happen)but i think it will fall bellow 50.. from there things get fun- see my unhinged view in next pic:
>>6179254865 to 70 is cope hype territory, risk is high and upside is limited.60 is neutral, maybe small gains but nothing major.55 is a fair entry, some upside but not life changing.50 is fragile, same value as 55 but panic can hit fast.45 is where you start watching and building small positions.40- 30 is where true scaling begins, that is the main accumulation zone, but buy in increments to keep a clean average.US banks and large institutions stepping in can drive massive liquidity and repricing. If accumulation happens around 35 to 40 and institutional money flows in over the next few years, 2x to 4x is realistic over a 2 to 3 year hold. The goal is simple, buy fear slowly, ignore hype, wait for liquidity and sentiment to rotate back. then an ejaculatory breakout will start to pump-a Ultra-bullish climax continuation pattern forms..>The moon goon climax coomtinuum ropes up and then splats on the groun.. this time to the 70 or 50 line at worst.
