First-ever weekly close above $119.5k - start of the final cycle phase?

First-ever weekly close above $119.5k - start of the final cycle phase?

First time Bitcoin has closed above the ~$119.5k resistance on the weekly timeframe. I think the final exponential bullish phase of the 4-year cycle has just started — though weekly confirmation is still TBD.

The purple vertical lines mark the narrow time window where I expect the top to form based on my analysis — by mid-December at the latest.

Curious what others think.

submitted by /u/Feeling_Mud1634 to r/Bitcoin
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Quelle: bitcoin-en