The F3 on the spiral is due next week. There’s a new moon due tomorrow morning. F4 and F5 produced strong rallies in bitcoin. We expect one more strong rally off the F3 date, but prices need to fall into that low first.
You don’t want to own any bitcoin between the New Moon and the expected spiral low due November 20. The last spiral low came in two days late, so this one may be a little late as well.
click chart to enlarge
click chart to enlarge