At op. I have said over and over and over and over for months my belief is we are following the 2015-2016 pre ½ ing pattern.
we did 400 to 770 to 680
400 in sept 2015
770 in early 2016
680 at 2016 ½ ing
that would mean from now til say feb we will go close to 45-48 k
then fade to 35-38k near ½ ing and slow inch back in months after ½ ing.
So buying now makes sense.
but that is all based on us repeating 2015-2016
This is a nice observation and projection and I agree with you completely. Bitcoin is already showing some willingness to remain above $30k as it appears the regime of below $30k is gone. It will be interesting to see Bitcoin reach $45k and when it does, then the 2015-2016 price profile is conformed and that will form the premise for aggressive buying.