Microwave magnet
Updated
Bitcoin seems to keep magnetizing to the range I have laid out in yellow. I noticed this when we first made our push and broke the previous ATH at 69k. So basically Bitcoin has been consolidating and trying to hover around this range--meaning that eventually it will turn that 69k range into a strong support. This is extremely bullish and could be validated by the constant inflows of money into BTC from the Spot ETFs.
TLDR: Money generation + More Demand + 4 year Cycle + Post Halving supply shock + Rate Cuts = Perfect storm and possible super-cycle. BTC to 115k is my main target in the short term (3-6 months from now) double that if we super-cycle. June 20, 2024 will be the deciding day.
TLDR: Money generation + More Demand + 4 year Cycle + Post Halving supply shock + Rate Cuts = Perfect storm and possible super-cycle. BTC to 115k is my main target in the short term (3-6 months from now) double that if we super-cycle. June 20, 2024 will be the deciding day.
Note
Still waiting for June 20thNote
need to be above this line by June 20thTrade closed: stop reached
yikes
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