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Translated

Sell in May, if you're g....ame to miss out. Bitcoin needs to reach a 60 day cycle high above $90k AND close the next 60 day cycle above ~84k to stand a chance at keeping hopes for a right-translated cycle alive. Failure to do this will make the previous top of $109k look much stronger as the left-translated cycle top and crush many dreams. Even if momentum for a right-translated top stays alive through these targets in the 60 day cycle, most people are delusional calling for highs of $169k - $250k, these expectations are baked in and will likely not be reached--too much complacency on these price targets. If we do see a right-translated cycle top towards November of this year, it's likely the top will be just barely higher than previous ATH and crush many expectations. Many will fail to take profits and will get stuck bag-holding for 4 years.
COINBASE:BTCUSD
by herblock

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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