So I was looking at charts, trying to convince myself everything is still on track. This is what I saw:
On this date in the 2021 bull year we were at $48,000.
We rose above $50,000 in early September to then put in a low of $40,000 in late September.
By late October we were over $65,000 and obviously hit the cycle high of $69,000 in early November.
That’s a 43% price rise from late September 2021 dip to cycle high of $69,000.
I don’t see why in any way, shape or form that the top is in at $124,000 in August.
A 43% price rise from here by early November would put us at $157,000.