theofficialsteveg

BTC May 2022 $102k Cycle Top

Long
COINBASE:BTCUSD   Bitcoin
I don't think it's likely we see BTC hit $100k in 2021. Following a trendline from the end of 2020 when BTC made it's way to previous ATH and intersecting with July low of $29k, forms a nice wedge for BTC to consolidate into then if it holds, repeat a similar pattern to Jan-May 2021 to a new high of $102k, right above the 1.618 extension from the $64k high to $20k low. Anything can happen, I personally think this is most likely. Not financial advice.
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