Take a look at -8° downtrend line 🤔
(Previously, Twitter)
It's interesting when the BTC price touched -8° downtrend line 🤔 The line was touched few months ago of the BTC halvings, then, the BTC had corrections. The depth of the corrections depends on the macroeconomics conditions like recessions or internal crypto issues such as hacks, bankruptcy and regulations, etc.
My scenario is as follows. We would be able to see $48k first, then, correction. The depth of the BTC price correction depends on internal or external market conditions. Then, we would be able to see that the BTC price break ATH(All Time High) which is $69k 7 months later of the BTC 4th halving. As you can see, BTC new ATHs have been broken 7 months later of the BTC halvings. Therefore, next year Nov, it would be a historical moment.
Before tsunami swallows everything, ordinary people don't know it's coming, and they are always pessimistic and in a disbelief. Fiat currency is being created even this moment by borrowing money, which means the inflation has been processing even this moment and it will take your deposit value to decrease. However, ordinary people don't know it. Even if they've heard about it, they just deny the fact. The way to be poor is just going around without buying any assets in the Blue marble game. I don't understand why ordinary people bet the short position against assets for their whole life.
This comment is for rewarding my analysis activities. Upvoting will be proceeded by @h4lab