So we broke 100k. I'm sure we'll see higher in the next 10 months. What's next? When is the correction? I see such messages every day. That's why I want to give a full commentary and my vision. As Waykoff told us, there are accumulation and distribution zones.
On top is the distribution zone If we stick to the theory of cycles, which I often write about tradingview.com/u/EXCAVO/[WYCKOFF]
We are entering the zone of local distribution I mentioned and marked with red zones If we are interested in the question how we will form the top and where we will distribute?
I would take into account the fact that we are already in the bitcoin distribution zone in this cycle and it will continue for another 10 months.
So, sideways in the 50k range, I agree, but I don't think it will go below the previous high of 73k.
Three distribution options: 1. ATH and then a gradual slide - the most standard top formation, with a run above 100k to induce euphoria 2. Two rising tops look better with liquidity removal of the first top, etc. 3. The killer of all the shorts, those waiting for the crisis, and so on. They're going to kill all the non-believers on the moon. And force everyone who believes in a million dollars for bitcoin to buy it.
Conclusion - I expect a local distribution above 100k over the next 10 months, the possible top formation I have shown. I do not expect a sharp drop to 50k - bitcoin has become a different asset class. Everything can change a lot in 10 months, and based on my cycle theory, I am waiting for the bull cycle to end. In this range of 10 months, altcoins will once again fall and rise at the very end. They will fall 51 more weeks down after September 2025. I'm talking about local forecast in 1-2 years, further it will be even more interesting because globally after this cycle, all retail will say goodbye to their bitcoin and will not buy it back cheaper in 95% of cases. and Next we will count how much 1 sashoshi is worth. in 1 Bitcoin is 120,000 satoshis. When 1BTC reaches 120k. 1 sat = 1USD And due to the fact that the printing press is working 1 satoshi will grow in the long run.
I hope for the best in our world. Stay close.
You can find out about other communication opportunities down below the chart.
Best regards EXCAVO
Trade attivo
Trade chiuso: obiettivo raggiunto
Its looks much better in pc
Nota
Nota
1 Bitcoin = 100,000,000 Satoshi
Nota
no one ever likes to hear bad news in a bull market. For this I warn you in advance, we still have 10 months, and then it will be bad
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