Off the Map: BTC's uncharted journey, dxy's curious course!
So, crypto's buzzing with bullish vibes, but here's something I want to share: There's a pattern emerging on the btc chart. A massive diamond top formation, signaling a potential drop to the 9K area. Meanwhile, the dollar is playing it cool, but zoomed out on the weekly charts, it's riding an uptrend and printing a bull flag, hinting at a ride up to the 114 zone.
Now, I know the halving's around the corner, and historically, that's been a cue to moon rides. But, and it's a big but, we can't bank on history repeating itself. There's a chance we might see a "not mooning" situation post-halving, maybe delayed? Throw in some global chaos and economic instability, and suddenly the halving party gets a bit more unpredictable.
I know this is unlikely, but be prepared for anything. It's a wild ride, and the usual rules might not apply this time. I hope I'm wrong; a new all-time high next year would be very welcome. But I can't ignore this potential pattern.
Now, I know the halving's around the corner, and historically, that's been a cue to moon rides. But, and it's a big but, we can't bank on history repeating itself. There's a chance we might see a "not mooning" situation post-halving, maybe delayed? Throw in some global chaos and economic instability, and suddenly the halving party gets a bit more unpredictable.
I know this is unlikely, but be prepared for anything. It's a wild ride, and the usual rules might not apply this time. I hope I'm wrong; a new all-time high next year would be very welcome. But I can't ignore this potential pattern.