The quickening of #BTC RSI & price extremes!I don't make the rules.
:)
We are just surfing the waves of emotions,
of the crowds.
Here we have Monthly line chart with the RSI
It clearly shows a quickening of the trend and how the 4 year cycle is likely to fail this time around.
It is too well know as a theory and will be front ran.
(in my opinion)
We should get a RSI peak at this rate, around May (could be June ofc)
and second lower peak around November (or DEC )
As always good luck in your speculations
#Crypto's are highly speculative instruments as we all know
During these tops you will be told many stories
you must have the wherewith-all to ignore the noise.
Bobloukas
WEN ATH for #Bitcoin ... July 2024Based on past cycles
The breakout should occur around 33 months post the 2021 high
With the top occurring Q4 2025
This could be front run of course. As the thesis laid out by Bob Loukas.
And I do lean into the idea this is going to be a major top for #BTC
Resulting in the halvening failing to provide the expected pump in 2028