Fractals gonna fractal
Excuse the mess, I haven't cleaned up any lines.
So zooming out on the chart, BTC been following the exact same pattern crash pattern from the double top at ~11.7k on a ~40% scale of the one from ~17k. Even the expanding Elliot wave from 9k this round is included like it was from ~11.7k the first time. If that continues, the puts us at least down to about ~7.5k and then we have to see if we bounce back to the top of the downtrend at around ~10k or continue down in the bear market to ~$5500. Hopefully, it goes up to 10k and past or it might be a rough couple of years.
Where do you think it will go next?
So zooming out on the chart, BTC been following the exact same pattern crash pattern from the double top at ~11.7k on a ~40% scale of the one from ~17k. Even the expanding Elliot wave from 9k this round is included like it was from ~11.7k the first time. If that continues, the puts us at least down to about ~7.5k and then we have to see if we bounce back to the top of the downtrend at around ~10k or continue down in the bear market to ~$5500. Hopefully, it goes up to 10k and past or it might be a rough couple of years.
Where do you think it will go next?
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