This is the optimal scenario Bitcoin can take IMO. Sideways and down for the next 2-3 months and rally with a peak late this year. I know many are getting impatient and want a peak to happen during the summer, but it won't be healthy for Bitcoin long-term if it peaks in the middle of the year and closes the yearly candle as a shooting star.
If this does play out, next 2-3 months should continue to be alt-season. Brace yourselves for people to make bank the dumbest ways while we wait.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.