Murphy|Jun 28, 2026 05:11
The last time I gazed at the stars, I mentioned the fluctuation range would roughly be between $70,000 - $59,000. Now, in the short term, it’s basically approaching the lower limit.
If we want to look at it in more “detail,” there might be a weak rebound before 7/23, or it could just hover around the current price range.
In other words, the probability of hitting $50,000 before 7/23 is low. If there’s a rebound, the mvrv ratio might not exceed 1.30, which corresponds to a BTC price of around 6.9-7w.
If a deeper pullback is to happen, it’s most likely after 7/23 or 8/23, which aligns with the traditional 4-year cycle timeline.
After that, we could see a perfect “three-line convergence” around September to October.
Crypto metaphysics! Believe it if you will, or don’t if you won’t.
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