The 2.4 mayer multiple has in the previous bull cycle been a good point for the Bulls to pause and consolidate. As linear (i.e. conservative, because it is more likely to curl up) extention of the current 2.4Mayer Multiple trajectory can get BTC to 34k in January, or at least 39k in March
Comment:
This aged well, in that I got January 34k totally right. To be fair, however, the technical reason why I expected this target (channel and 2.4MM) have not been respected. The market has been more bullish than I thought. Which is good :)
