Update for the rest of bull cycle:
This is going to be the largest consolidation pattern in terms of time taken since we hit the bottom in 2022.
Previous one was in September 2023 and we have already matched that. and we did a 165% move after the breakout!
Since the consolidation is bigger this time, we can expect an even bigger move post breakout! that can be 180% - 200% off the breakout zone from 70k-72k.
That would give us target somewhere in the north of 200k for Bitcoin. Time taken can be 180 - 210 days from the breakout as compared to 150 days from the last breakout to the high.
Expect bottom for the swing at 54k - 56k and the top is expected in Feb - March 2025 at 200k$ - 220k$. Thats it.
