Logaritmically BTC hit 1.618 fib level. is this the peak?
I still bullish on BTC midterm, 100k$ btc still seems realistic. But technically, Bitocin "MAY" hit peak in this zone. ending it's bull run as it is in this year. or at least, diminishing growth.
Because only good sentiment on the social media atm, perhaps it's truly the end, OR maybe we could see some legup until 16 November taproot, then redistribution phase until mid-late December (historically, peaks on november/december)
another my theory is that BTC will end it's domination here, because 2022 ethereum gonna launch ETH2 then BTC domination will fade away, when the king fade, another ruler rise, other projects MAY follow to stand on it's own, That's why i heard that ETH ended it's accumulation
just my 2 cent, not financial advice. you may say this is something like conspiration theory on the internet.
Because only good sentiment on the social media atm, perhaps it's truly the end, OR maybe we could see some legup until 16 November taproot, then redistribution phase until mid-late December (historically, peaks on november/december)
another my theory is that BTC will end it's domination here, because 2022 ethereum gonna launch ETH2 then BTC domination will fade away, when the king fade, another ruler rise, other projects MAY follow to stand on it's own, That's why i heard that ETH ended it's accumulation
just my 2 cent, not financial advice. you may say this is something like conspiration theory on the internet.
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