#TOTAL break ATH and is retesting, closing with a long wick. The next target is around 4.25T and 4.91T, which will happen when $BTC continues to rise.
#TOTAL2 #TOTAL3 hit ATH adjusted back to retest the old peak, closing with a strong wick. When $BTC continues to rise, TOTAL2, 3 will break ATH and run further.
Theoretically, of course, Bitcoin can adjust to 8x or even deeper, but the issue is that there isn't much time left, the recent sweep of 8-10 billion $ and the current sentiment show that retailers have fallen into a state of max pain. Whether there will be another sweep of liquidity at the bottom or not is a 50-50 chance, only the market makers know. But regardless of whether there is a sweep or not, there will still be a bullish wave behind.
If following the 4-year cycle correctly, altcoins should currently be in a bullish wave starting from the end of last year, with a pullback and then continue to rise. However, the market makers have pushed alts to the bottom, breaking the bottom, so everything is starting over from the beginning as the bullish structure has been broken. This year is the last year in the 4-year cycle, with about 10 months left to push up if everything still goes according to the cycle factors. The bull run of alts usually only needs 3-4 months to pump and then ends, so it can still happen, just that there isn’t as much time as before anymore 👍
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