Are we on track? Are we moving? Is the top actually near 158,000 USD?
Given the market sentiment and Taproot, it may be worth to just publish this chart. Will the MM find it and say "He sold?" Or "He Bought, Dump it?" No one knows. What I do know is we are in a bullrun this year. It is not a bear market. I am confident to match a 2017 Fractal i've been through before. If this happens, BTC is headed to a modest 76-78K before a HARSH December dip for 61.7K Level. This might be a short squeeze temporarily on waiting bears. After that we run it up to 102-104K and then down to the 80K region before pushing back up. If this fractal is current, we will top out at BTC 158K in February 2022. BTC Market Cap will be 2.5x it is to this date by the top of the cycle.
Whether 2022 will be a Wyckoff Top, or not, I believe it will not be the case. We should have a parabolic run, however I believe we may actually have a similar price action in 2022 as 2021. The slow rising in the Crypto community started last year. We should do this year after year similar to the Stock Markets that last for years on end.
Please tell me your thoughts.
I am not a financial advisor. Just someone who looks for possible patterns. History repeats itself. Why should this year be any different?