Current correction going on as expected BUT more aggressively than expected.
Chances are now in for a possible retest of 45k and new lows at 25k due to ongoing gaps visible on BAKKT and CME.
The 25k range is also confluent with Monthly average of November and a relative 50% between the high/low during that period of time.
Here's what I think might happen. (but its irrelevant. We should evolve with the market)
Chances are now in for a possible retest of 45k and new lows at 25k due to ongoing gaps visible on BAKKT and CME.
The 25k range is also confluent with Monthly average of November and a relative 50% between the high/low during that period of time.
Here's what I think might happen. (but its irrelevant. We should evolve with the market)
D7R