ANOTHER SCENARIO HERE.
FIRST OF ALL, YOU CAN SEE FROM THE VOLUMES AND THE LENGTH CYCLE THAT WE ARE NOT AT THE END OF THE BULL.
CURRENTLY WE ARE IN LINE WITH THE THIRD CYCLE.
THE CORRECT APPLICATION OF THE LENGHT CYCLE SUGGESTS DECREASING RETURNS AND A LONGER TIMELINE TO REACH THE TOP.
HOWEVER, I SEE THREE SCENARIOS HERE, COMBINED WITH OTHER TECHNICAL STUDIES:
A) CONSOLIDATION UNTIL JULY AND THEN BTC REACHES THE TOP DURING THE END OF SEPT. THIS SCENARIO FOLLOWS THE STOCK TO FLOW MODEL, THE HALVING THEORY AND THE CONCENTRIC FIBONACCI INDICATOR. IT DOES NOT FOLLOW THE LENGTH CYCLE (BTC REACHES THE TOP BEFORE CYCLE 3)
B) CONSOLIDATION UNTIL AUG AND THEN BTC REACHES THE TOP DURING THE END OF NOV. THIS SCENARIO FOLLOWS THE STOCK TO FLOW MODEL. IT DOES NOT FOLLOW THE HALVING THEORY, THE CONCENTRIC FIBONACCI INDICATOR AND THE LENGTH CYCLE (BTC REACHES THE TOP IN LINE WITH CYCLE 3)
B) CONSOLIDATION UNTIL JAN AND THEN BTC REACHES THE TOP DURING THE END OF MAY. THIS SCENARIO DOES NOT FOLLOW THE STOCK TO FLOW MODEL, THE HALVING THEORY AND THE CONCENTRIC FIBONACCI INDICATOR. IT FOLLOWS THE LENGTH CYCLE (BTC REACHES THE TOP AFTER THE CYCLE 3)
Let me know what you think.
I LIKE A AND C.