BTC: $350K or truncation?
This is Fibonacci Retracement for the log plane, it worked pretty well for previous seasons.
If this season it still holds value, BTC price could reach 350K.
However, in a different scenario for the super cycle, the Truncation event could happen with peak 5 ~ peak 3. If so $65-69K is the peak of this season and BTC price will fall very deeply ~ 8K-10K.
If this season it still holds value, BTC price could reach 350K.
However, in a different scenario for the super cycle, the Truncation event could happen with peak 5 ~ peak 3. If so $65-69K is the peak of this season and BTC price will fall very deeply ~ 8K-10K.
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