Bitcoin’s current run is absolutely classic. Last year it was the same kind of move: in the early stage there was a period of sideways consolidation for accumulation, then the first wave of rally lifted it from 6.3w to 6.7w, coordinated with a wave of information/news on the front end, which pushed it directly up to 7.2w. Usually people think it’s already risen enough and it won’t go up any more—then a bearish wave comes in and keeps pressing down. Then another wave of information/news comes along to push the rally again, directly breaking the bears and driving it up to 7.9w. After that, it pulls back slightly to give the illusion of a pullback, and then it continues blasting higher to 8.1w. This recent period should be the peak. This wave likely needs to correct down to about 7.5w or 7.4w before it can continue moving upward. #BTC