💰 #Bitcoin #BTC

2018 - 2021 vs 2021 - 2024 Cycle Comparison🧐

So far we repeated two phase of the previous cycle☝️

· Phase 1 - Distribution: always with a massive formation

previous cycle - Descending Triangle

current cycle - W-Top

· Phase 2 - Accumulation: also comes with a pattern

previous cycle - Rounding Bottom

current cycle - Cup & Handle

Now we are on the edge to enter Phase 3 of the cycle👀, which followed by more upside and level I expect to be retested in this case is $47k📈, previous cycle it was $11.6k → next step in this phase is a correction📉 & retest of the broken major resistance level with most likely a fakeout below the one (Max Liquidation🔻)

What checks we have for to enter phase 3

1 We completed the pattern of Cup & Handle✅

2 Superguppy is nearly at the same stage as was in previous cycle✅

To confirm we need to break through the major resistance level of $31.7k❗️

Most interesting part is our phase 4, which is a parabolic growth to a new ATH, which is set to be at the Mid/End 2024 - so check for the charts if we do follow this path, you better have your bags fully loaded before the curve pump takes a place🚀