BTCUSD Market Maker Cycle (Daily)
Current status of the market-maker cycle (Master Pattern) with BTCUSD. It's currently in the trend phase (to the downside). Trend phase can end at 30k to bounce and continue its uptrend, eventually testing the Average Price line at 58k,
OR the current trend phase can continue to break-down to the next tier, currently set at 20k.
Plotted are a few different scenarios. The exact scenario will become more apparent in the coming weeks when new price action becomes available.
Note: *Logarithmic scale used, *Past performance is not indicative of future results, *Trade only with what you can afford to lose completely (aka, don't trade with your kids' college money!)
OR the current trend phase can continue to break-down to the next tier, currently set at 20k.
Plotted are a few different scenarios. The exact scenario will become more apparent in the coming weeks when new price action becomes available.
Note: *Logarithmic scale used, *Past performance is not indicative of future results, *Trade only with what you can afford to lose completely (aka, don't trade with your kids' college money!)
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