Here's my thesis..
Summer ends..
Diminishing Cycles..
Aka Diminishing bear markets..to the tune of 63.5% less.. based off previous bear phases which occurred directly after a 3D death cross..
165 days of chop makes sense.. with a potential sweep of the lows once again.. and sprinkle in a 40% probability of a wick down to 12-14k ..
Until then.. I think we chop sideways until October..
Parabolic bull phase resumes post 2024 election and halving with a 150k-160k USD target before topping out in November 2025. Sorry moon-boys, no million dollar target this decade.
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R.I.P. to my dear friend Andreas who passed on today at the young age of 34.
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