In an effort to gain some perspective on the BTC price action I took a look at how long it took after previous halvings before we saw a sustained breakout above the previous cycle top…
If we ranged until
November before we make the next leg up towards higher prices that would mark 200 days from the halving and be in-line with (and still at the lower end of) the last 2 cycles.
TLDR - relax, everything is playing out as expected.
https://m.primal.net/KkTY.png
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Notes by ebc11c4f | export