jackrabbitrage

BTC Possible Middle Term Scenario (Rev)

Long
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT

Some errors and issues in precision are addressed.
No change in fundamental concepts.

The bear market shouldn't have been over, but we are likely in a relief rally if the price rises above the threshold of around (21600-) 21800.
Beware of still possible correction before the bullish move after the breakout.

Long until December, and maybe short (in January) at the 33k-34k zone.
If the market is more bearish, the downtrend could resume at 28k-29k.

I changed my view because the bullish dragon in the related idea now seems to have been in action.
The chart and annotation would be self-explanatory: the keys are harmonic patterns and Fibonacci.

To those who hate Gann Square and arcs: Ignore them, or ignore this idea. It's simple. Think twice before you post anything in the comment area.
Comment:
An arc data was broken. Fixed.
Sorry for the frequent update and corrections.
It seems the architecture of the Gann Square smart tool is very fragile.

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