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This looks reasonable to me

lieutenantdan - 2024-05-02 21:17:18

We might have seen the last major dip


If history is our guide, we may have seen the last major dip.


Bitcoin has retraced back to this trendline a couple times this year before going on an extended run.


image.png


(Source: https://twitter.com/el_crypto_prof/status/1786057685185565017/photo/1)


This chart points towards bitcoin running for the next 3 months or so.


If we follow the previous rallies we could be looking at bitcoin running to the end of July or beginning of August.


I like that setup a lot.


Some even think the peak might happen during this time.