history tend to repeat; and why i think btc will reach a new ATH this year!
when we look back in 2014 bulls run, we can see that there where two bull runs on the same bull cycle (one in 2013 and one in 2014).
After the agressive move of btc last days, we can see that btc entered the same channel (bull cycle) it formed back in 2018.
So we are now back in the same bull cycle of 2018.
same happened in 2014, btc moved back in the old channel formed in the 2013 bull cycle.
btc also reached yesterday also the 2,4 mayer multiple and felt below for today . if btc continues to move upwards trough the mayer multiple, i think we will see a parabolic continuation to the next ATH of this year.
i think also that if this happened, we will not see any ALT season till the new ATH will be reached for btc. (in a parabolic move, no ALT season) .
when we look back in 2014 bulls run, we can see that there where two bull runs on the same bull cycle (one in 2013 and one in 2014).
After the agressive move of btc last days, we can see that btc entered the same channel (bull cycle) it formed back in 2018.
So we are now back in the same bull cycle of 2018.
same happened in 2014, btc moved back in the old channel formed in the 2013 bull cycle.
btc also reached yesterday also the 2,4 mayer multiple and felt below for today . if btc continues to move upwards trough the mayer multiple, i think we will see a parabolic continuation to the next ATH of this year.
i think also that if this happened, we will not see any ALT season till the new ATH will be reached for btc. (in a parabolic move, no ALT season) .