Hey fellow crypto degenerates
I mean in reality not really much to say here besides that I AM TIRED of everyone saying "oh well it was double top" OR "Bitcoin is going back to 20k" or the old "DUDE December we always have HUUUUGE gains" Like its not possible that possibly you know, JUST maybe this cycle is different. Now that is just blasphemy. Outrageous and the crypto community would never stand for such a silly willy idea.
This price action is strange for BTC and I will fully admit that. HOWEVER, I had a little thought that went like well well well what if this is a giant macro bull flag and everyone is wrong. I feel like I haven't heard this theory once, but looky here boys and girls. Looks like we might just be in one.
Honestly, after setting up this flag on my chart I am slightly convinced that we are in one and will be in one or awhile. What would really confirm this theory is a flush down to 35-36k with a strong bounce. What would ruin this theory is if we close above 56k very quickly which seems super unrealistic.
I mean in reality not really much to say here besides that I AM TIRED of everyone saying "oh well it was double top" OR "Bitcoin is going back to 20k" or the old "DUDE December we always have HUUUUGE gains" Like its not possible that possibly you know, JUST maybe this cycle is different. Now that is just blasphemy. Outrageous and the crypto community would never stand for such a silly willy idea.
This price action is strange for BTC and I will fully admit that. HOWEVER, I had a little thought that went like well well well what if this is a giant macro bull flag and everyone is wrong. I feel like I haven't heard this theory once, but looky here boys and girls. Looks like we might just be in one.
Honestly, after setting up this flag on my chart I am slightly convinced that we are in one and will be in one or awhile. What would really confirm this theory is a flush down to 35-36k with a strong bounce. What would ruin this theory is if we close above 56k very quickly which seems super unrealistic.