Bitcoin Until The Next Halving
The 100 and 20 MA lines cross two times per cycle.
1. The first cross signals death, and leads us into the valley of despair.
2. The second cross signals either up or sideways. I think probably sideways this time.
3. After the second cross, we will see the 2024 halving, and we will be teleported to the promised land.
I would be surprised to see orange coin go below $20k. It has never gone below a previous cycle’s ATH. But it has also never existed during absurd economic conditions like this. Anything is possible, but I will be looking to accumulate in the low $20k region.
I wasn’t sure how to predict the dates for the crosses, so I guessed.
Excited to see how this one goes, see you in 2024 (:
