Do you see it?
Scenario 1
Retracement to 50k to begin the accumulation phase.
Institutions will keep accumulating at these levels.
Cup and Handle pattern confirmation.
We are on the way to $ 100,000
Scenario 2
Cup and handle as a bite
Institutions and hedge funds use 7OK - 75k as an exit strategy
to unload when demand is high while avoiding shocking the market
Scenario 3
Scenario 2 is confirmed and we are going back to 30k before continuing in our long-term trend direction to 100k
Scenario 1
Retracement to 50k to begin the accumulation phase.
Institutions will keep accumulating at these levels.
Cup and Handle pattern confirmation.
We are on the way to $ 100,000
Scenario 2
Cup and handle as a bite
Institutions and hedge funds use 7OK - 75k as an exit strategy
to unload when demand is high while avoiding shocking the market
Scenario 3
Scenario 2 is confirmed and we are going back to 30k before continuing in our long-term trend direction to 100k