elon wont be able to save the normies anymore expect the top to be around when the BTC proshares ETF news hits
imagine fomoing into a weekly bearish retest when global markets are primed to nuke at any moment
book it fellas, just remember to have bids at 20k when everyone is panicking
its following the 2017 btc cycle almost exactly. buy the dip in Q4 and ride that to 20k bros
look how close it looks lol. i dont think we nuke as much as the covid dump in this fractal but it would make sense to go below 29k and bounce after taking those stops
the 20wma fakeout is in progress, we will break the 29k low (probably bounce between 20-24k) then new parabola pump can happen
btc will mimic the feb 2021 leg up to 58k, then cool off for some sideways to fill in volume gap between 48 and 55k, then bull market continuation
this is what happens when macro markets go boom or if it holds the green line just long it to infinity i guess
expecting new lows if 38k fails im actually pretty bearish but willing to flip bias if we get hasty and impulsive pumping from this level again
this is what happens when i chart while taking hallucinogens
I adjusted the orange linear regression line for 2021 to match the angle of the 2017 bull run. This looks a lot more reasonable than my previous 400K idea tbh. I expect a typical BTC March crash given the PA we are seeing now. Standard 40% correction aligns with weekly support at 38k. I think scaling bids from 40k down to 36k and holding until 200k is gonna be...