In this analysis, we examine three INVERTED schematics of Bitcoin’s price dynamics— one monthly and two weekly charts.
The first schematic, an inverted monthly timeframe, illustrates a remarkable adherence to the support and resistance levels through opens/closes/wicks, showcasing pivotal turning points on a Monthly Timescale.
These two weekly charts on the right reveal well-ratioed price movements, suggesting a degree of proportionality and predictability in Bitcoin's price behavior. This symmetry highlights the robustness of my technical analysis and the self-fulfilling nature of these levels.
Please refer to my other 250k Bitcoin Target Ideas linked below.
The first schematic, an inverted monthly timeframe, illustrates a remarkable adherence to the support and resistance levels through opens/closes/wicks, showcasing pivotal turning points on a Monthly Timescale.
These two weekly charts on the right reveal well-ratioed price movements, suggesting a degree of proportionality and predictability in Bitcoin's price behavior. This symmetry highlights the robustness of my technical analysis and the self-fulfilling nature of these levels.
Please refer to my other 250k Bitcoin Target Ideas linked below.
Note
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.