BTC - Relief rally

As the sentiment in the crypto space is becoming more bearish, a relief rally will liquidate many holders. Compared to the 17 cycle we could expect a instant bounce back to the upside and continuation in the bull market till the top. In 13 however, it took 6 months before we saw any breaking of previous highs. I expect something in the middle will happen in this cycle. I don't think the price will bounce as it did in the 2017 cycle but I also don't think we will trade sideway for 6 months. Rather i suspect June/July will be accumulation phases before we start running up again. I expect to break new highs before summer ends and a continuation from there to our market top somewhere in November.

Let me know what your thoughts are in the comments below.