If Bitcoin fails to break out by November 2024, it is predicted to follow the 2019 cycle, leading to a drop to the 100-week SMA (around $40,000) by November/December 2024.
"if it can't break out by November then you got to ask yourself is it just going to play out like last cycle be a lower high send us to the 100 we SME by November... Bitcoin is back down here at like you know around 40K by December."