BTC to 10k?

- last bear market we fell 85% before finding the bottom
- current bear market, 85% fall from ATH lands at our 0.618 lvl

I think late 2022 we wick down to 10k extremely fast, and still close the weekly above the diagonal support line and then 2023 we go bullish

Comment:

bears been holding bulls under our 0.382 lvl for the whole week .. i expect us to close the weekly under this lvl and then make our way down to our next fib lvl

(might even open a low lev short at 21.6 area if we come up to it before the weekly closes)

Comment:

my short order at 21.6 just filled .. now lets see where the weekly closes

Comment:

yup.. back down below the 0.382 lvl again
not good for bulls

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weekly failed to close above the 0.382 fib level, i'll be watching this weekly closely to see if the same happens.. could indicate a dump ahead imo

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looking at the 4hr currently, and bulls are struggling to stay above the 0.382 lvl and it's looking like it might dump..

Comment:

down we go! im going to stop updating this trade so much, but im not closing my short any time soon.. congrats to anyone who took the same trade