𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘@DavidOnCrypto_
Just like the 2013 cycle. Phase 1 then goes into 7 months consolidation within a symmetrical triangle, leading to continuation (Phase 2) and the completion of that cycle.
That’s exactly what I see here, as I’ve been saying for months now. I still have every reason to believe the $16k cycle isn’t complete yet.
Same playbook as the 2013 cycle, just with a longer consolidation. Phase 1 then goes into a 19 month consolidation within an expanding triangle, with a falling wedge within it. For now, it’s only being suppressed at the 2021 highs following the backtest of the already broken Oct 2025 trendline. A full resolution of that expanding triangle will lead to the completion of this cycle (Phase 2), where ETH finally expands above its 2021 highs.
This has remained my view throughout this entire period within the expanding triangle, and I continue to stick with it. #Bitcoin