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$50K by December

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Bitcoin broke out of a 7 month base on huge volume. With everyone calling 40K the local top, I think it pulls back there, bases and squeezes towards 50K. From there, many will be calling for new ATHs, but it'll likely rinse late longs and correct towards lower 30Ks over proceeding months.

New ATHs Q3 2024
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Spot on so far. Still think we breakout over 40K shortly
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Three likes on this chart lol cool

The market likely runs over 50K by Christmas to induce real FOMO and force participation from undisciplined, sidelined capital. It's all a game of psychology

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