2015 chart for reference.
Things will probably play out just as they did in 2015. Blow off top to $7000-$8000 and a massive correction. If we hold the $6000 support, we are in a confirmed bull market.
My previous thesis about too many retail investors being short and Bitcoin inevitably pushing above $6500 was correct. Check the chart below: "BITCOIN LONG & SHORT: $6500 FIRST, THEN $4200."
Things will probably play out just as they did in 2015. Blow off top to $7000-$8000 and a massive correction. If we hold the $6000 support, we are in a confirmed bull market.
My previous thesis about too many retail investors being short and Bitcoin inevitably pushing above $6500 was correct. Check the chart below: "BITCOIN LONG & SHORT: $6500 FIRST, THEN $4200."
