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Bitcoin entering the Belief phase

lieutenantdan - 2024-07-24 21:30:00

Everyone starting to see what is coming


This is when the really big gains happen.


We have left several phases in the dust and are now knocking on the door of the belief phase.


Which looks like this:


image.png


(Source: https://x.com/thescalpingpro/status/1816163938431565873/photo/1)


Which is basically straight up when it breaks out.


I think this chart is compressed big time though and the final numbers are way too higher there.


This chart shows $300k as a peak for this cycle and that seems way too high to me.


I am thinking more along $120k area personally, but what do I know.