As you can see, we have a large scale head & shoulder pattern forming on the HTF. I have an inclination toward bitcoin having a mini rally to 48-49k in the next few days and weeks to fill in imbalances left during the selloff (refer to bitcoin futures chart to visualise gaps). I strongly believe that we are done with this cycle and bitcoin could head all the way to 10k. Thats not to say that the next cycle could start as early as next year. Lets see what happens!
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