Nov. 22 at 7:03 PM
$BTC.X
$IBIT $MARA $CLSK I expect Bitcoin to chop around here for awhile. If you look at the 4 year chart you can see that happened after the 2021 drop, followed by a black swan in Nov 22/FTX (black swan coming Nov/26?). This makes sense as you have bears certain the bull run is over while bulls are still waiting for alt coin season to begin. When Bitcoin was at 15,000 it seemed most unlikely a 126,000 would soon follow, unless the 4 year chart repeated, which it did. This is the part of the story where the 4 year chart repeats again or it's over. Stay tuned. If there is to be a black swan event in November it's likely to be related to Michael Saylor, it would seem, so that won't be it. We would all see that coming, that's more like a pink elephant swan. Black swans are surprises. I see another test of 100,000 before retesting 70,000. I just cannot predict the timeline. I can see 100k happening again in December but most likely January. I expect 80k-95k in the meantime.