#btc prediction: price will be through the previous high in the 4th quarter of next year.
Each subsequent time span from price peak to recovering that peak is approx 7/8s of the one preceding it.
And there's the dip to 100K and the retest of the 1 year moving average.
Crucial juncture - bulls wanting to see a move up from here, otherwise likely to go into extended consolidation.
Investors that bought at lower prices fine either way.
This is why you always question the narrative, the theory... even your own.
It seems that a fair few are quitting because they clung to the 4-year cycle theory and are now losing faith.
But to quit here based on that theory is to continue to subscribe to the 4-year theory [with 4 years now lapsed].
The alternative is [and always was] that #btc continues up in a more mature and technical market eclipsing the 4-year cycle altogether.
The longer-term #btc weekly MACD is still in bullish territory [above the zero line].
The real story here is an increasingly stable price [less parabolic, more technical] signaling a maturing market imo.