We are entering the parabolic altseason with 20w MA retest
The current weekly candle will represent the turning point. Bitcoin is about to confirm a successfull 20 week MA retest and this will ignite the broader, more parabolic altseason.
Yellow line: 20 week MA
Orange vertical line: First successfull retest in 2016 and 2020
Blue, Pink and Orange Box: First, Second and Third try of retesting 20 week MA
Blue line: Ethereum price chart
Green line: LINK price chart (+ LINK price chart copied to the 2016 cycle for comparison)
Yellow line: 20 week MA
Orange vertical line: First successfull retest in 2016 and 2020
Blue, Pink and Orange Box: First, Second and Third try of retesting 20 week MA
Blue line: Ethereum price chart
Green line: LINK price chart (+ LINK price chart copied to the 2016 cycle for comparison)