One of the many reasons I believe this Bitcoin bull cycle is far from over is Mayer’s band. According to it, there might have been an indication that the cycle was ending if the local top had been at $95K, not $75K. Our next target is $95K, which again will not signal the end of the cycle—though $140K might.
If you're not a day trader, it's better to stay away from the charts until a new all-time high is reached. One thing we know for sure is that both the duration and magnitude of this cycle are greater than the previous one. Enjoy your life now and protect your nerves for what’s coming🥳
