Just playing around with some ideas and connecting pieces picked up since starting to learn and connect. Does this make sense to anyone? From a perspective of announcements and time limits as well as political positioning and corporate narratives, not to mention number releases from companies, I would like to think this makes some amount of sense. Any input...
When the resistance is broken, we should see a retest and if news is good, (regulations), the bullish run will continue.
These are my opinions: Market will tank hard. Each box is where I think each day will trade. Nothing can stop the fear. The market will try to compensate unless something is done to mitigate liquidity risk. ODL, ILP, Gold Standard are on the Horizon. Dollar is going away as WRC. Enter XRP. #XRP
Market is tanking. In 2008, it fell 50% Given the same perspective, this could be the bottom bringing us to 2013 levels which may set us back for a few years without another option. Pure Speculation. My opinions are my own.
base on highs and a common low with Fibs, and the current status of the world and fear, this is a possible outcome. we will see.