The last extended leg of the bull market is under way since July (5 of 5 of 5). Fib relations during this last move could be 2,6 times the former impuls: wave 3 = 2,6 x wave 1; wave 5 = 2,6 x wave 3. This would bring btc to around 300k at the end, which can be expected in spring due to lengthening cycles. Afterwards there should be a big corrective move to around 50k.
Notice that the last wave 4 is a triangle at the end of this year, which will give a lot of trouble to long term holders. On chain data may help to hold fast during that volatile move till the end.
Notice that the last wave 4 is a triangle at the end of this year, which will give a lot of trouble to long term holders. On chain data may help to hold fast during that volatile move till the end.