Bitcoin entering the belief phase

in #bitcoinlast month

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:

image.png

(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.

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