There are a few factors going into this prediction so I'll divide them up into an ordered list.
1. Each bullrun producing lower highs relative to the previous bullrun. The yellow trend lines connect a previous bullrun's top to the following bullrun's height and the projection to an arbitrary level (horizontal red line). Measuring the length of the projected lines...
Prepare for the biggest Alt season of all time. Bitcoin vs alts has been in consolidation since 2017. Price has broken down a year long uptrend and retested resistance. Bitcoin is obviously still in a bullrun but what this suggests is that we're about to see alts really shine this bullrun.
The S&P is in a larger consolidation. Personally I'd be looking for shorting opportunities on lower timeframes then looking foe a long entry in the highlighted golden zone.
