Unless Bitcoin manages a lasting break above 300, the apex of the descending cone points to 40 by year end.
The band is becoming very narrow. to achieve this would mean a lowering in realised volatility which would mean an acceptation of the new price paradigm (a slow death in other words).
I like watching bitcoin only because for me it is a great case study of human behaviour (more than other indices that have macro forces affecting the price too).
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