Bitcoin

BTC post-ETF & pre 4th halving on HTF

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“History doesn't repeat itself, but It often rhymes.” (Mark Twain)

IF this is the top, BTC perfectly hit the 0.618 fibonacci level again and if this is not immediately triggering a déjà-vu you probably simply weren't around back then ;)

As mentioned in my previous update already I still think that Blackrock and co. will drive the price down to allow their customers cheaper entries, using the halving narrative from there into the next bullrun 2024/25.

If it plays out that way and BTC will touch the lower longterm channel trendline be fast, I expect a rocket bounce around 30k, maybe with wicks below if some negative news event timely kicks in.

Let me know what you think in the comments, thanks a lot for your time.

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