Bitcoin Market Cycles

"back in March I said that that Bitcoin would likely put in a series of lower highs over the span of about six to n months and then break out and go to new all-time highs"

"so I would argue there is a good chance that the bottom for eth Bitcoin is already in"

"There's a chance that that happens and then it goes down and puts in one final low closer to .3 I've often said by the end of the year I've often said that 003 is the worst case scenario for eth Bitcoin"

"if by the end of the year if Bitcoin has rallied on up above 100K and everyone's just absolutely euphoric and it feels like things can't possibly get any better there's a chance that that plays out"

"you get a a correction within the next month or two that makes everyone think that it's over and then you get one final year rally and then it's actually over when it normally is over in Q4 of the post having year"

"the most likely outcome is that the cyclical view prevails for Bitcoin where it goes up in Q4 of the having year"

"I wouldn't fade it unless you get a weekly close below 70k if you get a weekly close below 70k then you're probably getting a landing"

"my speculation is this I think that that there will be one more move up by Bitcoin dominance that will finalize in December but it is not clear if that will actually be a higher high or a lower high if it's a higher high I think it will only be a marginally higher high it won't go that much higher in my opinion"

"there does exist a scenario where all Bitcoin pairs drop one more time in December of 2024"