BTC will stay in a choppy price action much longer than expected
Looking at monthly chart with MarketCipher and review historical repeat of price action, we can say with high confidence that BTC will stay in a choppy price action much longer than people are expecting. If I'm right about this we will probably stay within 27K-42k range for a long time before we take off for a larger move to a six digit Bitcoin.
Grey bars are the historical price movement projected into the future from the trendline. I used MarketCipher to estimate timing of the potential turn for the larger bullish move. Unfortunately, the timing projection indicates that we will have to wait for 2022 before that happens.
Grey bars are the historical price movement projected into the future from the trendline. I used MarketCipher to estimate timing of the potential turn for the larger bullish move. Unfortunately, the timing projection indicates that we will have to wait for 2022 before that happens.
