Bitcoin entering the belief phase
Bitcoin following the market cycle pretty well
Things tend to move in a predictable fashion.
It doesn't matter if it is a tech stock, bitcoin, or orange juice futures.
The chart patterns are all similar in the markup and markdown phases.
The hype cycle looks something like this:
(Source: https://x.com/thescalpingpro/status/1842497458200527047/photo/1)
The parabolic portion of the move appears to be coming very shortly.
Here's to hoping it happens soon!
I suspect we may have to wait until after the election but the chart says it could come at any time now.