Will Bitcoin repeat the same pattern from earlier this year?
Bitcoin had 3 moves up before it eventually rolled over, will we see that again?
Back in the early part of this year bitcoin had 3 surges around the 60 level.
Each surge was slightly higher than the previous one.
Take a look:
(Source: https://cointelegraph.com/news/bitcoin-price-consolidation-leans-toward-another-leg-higher)
We had one in February, followed by one in March, which was ultimately followed by the peak in April.
A similar type of price action now would show a higher high in November, followed by another higher high in December.
Interestingly enough, that would also paint the higher high much lower than those $200k and $100k price targets...
What do you think?