According to this fractal, we're either in the Red square or the Yellow circle. If Red Square, then it should be possible to consolidate under S/R and buy the green square. If Yellow Circle, then buy here.
Long above 12k to ATH Short below 12k to 8500-9500
Also 8900-9000, but I don't think that would hold.
1. BTC will never be below 7500 again. 2. BTC will never be below 8700 again. *if below 8700 and back above. 3. Resistance at 13000 down to 8700/7500 4. BTC will never be below 13000 again.
1. BTC will never be below 7500 again. 2. BTC will never be below 8700 again. *if below 8700 and back above. 3. Resistance at 13000 down to 8700/7500 4. BTC will never be below 13000 again.
Clearly option 1 was a bit off. Made a probability distribution of COINBASE:BTCUSD over the next few years. The "ghost" price action is the most likely scenario, and the red area are the other possibilities. The Blue area seems to be a great accumulation zone. The Blue area seems to be a great accumulation zone. The Blue area seems to be a great...