Thoughts all on the chart but in a nutshell, I believe it's possible the ETF was to setup a major wipe out and wealth transfer before the New ATHs on BTC..
Still looking for the final "dip" before the bull run this cycle.. looking like a ABCD before the final drop, gl!
This next short setup, should be a good one... looking at this ABCD pattern for fresh lows, gl!
Looking like the last pullback before 44k, and possibly lower to 31k,.. got a NICE break of structure here, looking for NEW shorts, get it!
Looks like a 5 wave structure into the final big push down for bears, looking at 44k for now, get it!
Got a key break of structure on the 4hr chart, giving more confidence to bears that we are indeed going to tap at least the 44k level, and maybe even 30k.. looking for a pullback here before shorting again, get it!
Looks to me like a ABCD to close the gap, into resistance then head to 44k to tap the power law level from my last charts, get it!
Part 2, to the big dump we recently saw to target liquidity levels below... this should also spark the next round in crypto dumps..
Looks like a fast drop coming, like the 1st one.. bull correction seems to be over after the big drop to 50k, get it!
I do not think so... I believe this is a corrective pattern for the next impulse move down on BTC... get it!
Looks like AAVE wants to print a proper butterfly pattern here with a move to the the 88% retracement level before taking this down, get it!
So I just threw on the power law indicator for BTC, just to see where my expected pullback would be, and nicely the low is right at the monthly fair value gap.. get it!
Taking a bit longer but as we can see the markets are setting up for drama, excluding what is going on in the world, I still think everyone will pour back into the world reserve currency in a big way in coming days/weeks, gl!
Looks like a flag here, for a quick move to 55, I'd expect a pause in that region before taking out 50k, get it!
Just charting my predicted path for BTC hitting $1 million by 2026, retracing to the $250k zone during the next bear market before pushing higher, I do see the drop to 32k 1st here, but after that a clear sky and true moon.
Looks like bulls want to stay alive a little longer with a ABCD retracement here, looking for it to play out to close the CME gap then take us down, get it!
I think Coinbase has a ways down to go there, with a break of a long standing trendline and liquidity to take below, get it!