Thought this was an interesting view of BTC in HTF on Log with a Fib time that appears to line up nicely.
Based on current PA, don't believe it will hit bottom of the channel. However, 20K-23K level is looking potentially ripe for a bottom, before another parabolic move upwards for ATH over long term.
Would prefer BTC to move down sooner than later. This to me would indicate a stronger long-term bullish market, imo.
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.