Regarding the halvening, below are my biases:
1) The Golden Ratio Macro MA's hold. We might come close to the grey MA, like in Jan 2015, but will never truly break it.
2) The halvening pattern holds. Entering into the next halvening cycle, we could test the bottom again below the orange MA, but will never truly break it, and we will ride it until we top (possibly at the purple MA).
The scale of the "Covid-19 Dump" is pretty similar to what we've seen in January 2015, which is pasted as yellow shadow bars here.
Based on my biases, I will only plan for major long opportunities should they arise:
1) "The Never Lookback Price": any rebound from the mid track of pitchfork
2) "Higher-Range Accumulation": re-entering the triangle
3) "Last Point of Supply": rebound off the pitchfork entirely
1) The Golden Ratio Macro MA's hold. We might come close to the grey MA, like in Jan 2015, but will never truly break it.
2) The halvening pattern holds. Entering into the next halvening cycle, we could test the bottom again below the orange MA, but will never truly break it, and we will ride it until we top (possibly at the purple MA).
The scale of the "Covid-19 Dump" is pretty similar to what we've seen in January 2015, which is pasted as yellow shadow bars here.
Based on my biases, I will only plan for major long opportunities should they arise:
1) "The Never Lookback Price": any rebound from the mid track of pitchfork
2) "Higher-Range Accumulation": re-entering the triangle
3) "Last Point of Supply": rebound off the pitchfork entirely