Update on the big picture view of the current bull run
On Jan 5th 2022 we broke below the main support diagonal. The last time we broke below this support was on July 17th 2021 but in just 2 days the price recovered back above the line. But this time, we remained below for several days (about 1 week) and it is now slightly above the support line. This drawing is only to show where we are at on a bigger time frame relative to the larger consolidation pattern that is at play. I do not have any price targets or have any special knowledge of what will happen next. Please make your own judgements. Thank you.
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