Makes sense. To me "blow-off" resonates in my mind to the grand finale. In this case, we might see a steep correction before the halving once BTC gets too cocky. At some point, ETFs will slow down.
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Makes sense. To me "blow-off" resonates in my mind to the grand finale. In this case, we might see a steep correction before the halving once BTC gets too cocky. At some point, ETFs will slow down.
We got a very obvious blow-off-top volcano in summer 2019 that clearly was not the grand finale and marked more of a middle point. It's a shape that can pop up pretty much anywhere. They take at least 3 months to bottom out after blowing up. 2019 took more like 6 months to complete but ETF buying pressure combined with halving could easily shorten that to less time... although September is usually a great time to buy so 5 months is on the table.