This doesn't feel like a mid-cycle move...

in #bitcoin6 months ago

Charts indicate that this may be the top of the mid-cycle move... I am not sure I agree

The current price action looks similar to mid cycle patterns in the past.

We got the same extension level hit, though it is past it this time.

image.png

(Source: https://twitter.com/CryptoCon_/status/1758913332373803139/photo/1)

And it's happening later this time...

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