As the BTC advance continues numerous forcasting models are correlating with same targets and time periods forcast last year.
As time and price gets closer and closer the same focasting techniques applied to local current price action reach the same conclusion. A high potential for a major top or pause.
Whether or not price continues higher past this point in time price is yet to be determined but a reaction is very likely and possibly a full on reversal.
Current Trading Plan:
Continue to hold long until price brakes its upward momentum curve or hits the 88675-92000k target area. Previous models also show potential for a blow off top in the 135k range. Expect macro top signals of wild fast moves larger than expected in both directions as a confirmation the trend is reachin max momentum.
A larger bull run may persit after this point but a larger pause with reversal potential is likely.
Trade Well...
Your Friend,
Degen
As time and price gets closer and closer the same focasting techniques applied to local current price action reach the same conclusion. A high potential for a major top or pause.
Whether or not price continues higher past this point in time price is yet to be determined but a reaction is very likely and possibly a full on reversal.
Current Trading Plan:
Continue to hold long until price brakes its upward momentum curve or hits the 88675-92000k target area. Previous models also show potential for a blow off top in the 135k range. Expect macro top signals of wild fast moves larger than expected in both directions as a confirmation the trend is reachin max momentum.
A larger bull run may persit after this point but a larger pause with reversal potential is likely.
Trade Well...
Your Friend,
Degen
