in may when we talked about hitting 10k, then 13k and then flagging for the summer... damn was that right. My prediction now is that we are again in accumulation phase. We have passed the 10k mark up and down more times than any other price. Each pass and each day gives a new hodler. The “real” value of btc becomes 10k every time a new buyer shows up. The area under the curve (time on the x axis and price on the y axis) is rising by the second. Keep in mind that if you follow the fib method, the 200ma would NOT be the floor this season. It is more like the 150-100ma range. This is consistent with approximately the 350ma x 1.6. Long story short, price is just above the floor. We are at support and essentially priced with minimal future growth baked into the price. If you are on the sidelines, there is little to suggest you should be.