BitcoinLong
193k peak, current bottom of the 2020-2024 cycle!
Please reference my daily candle idea of this chart (I've linked the related idea bellow), no indicator was moved an inch since beginning of April 2021. This is just the current price represented with a 15min candle.
My prior expectation of the direction and time of the price action wasn't accurate... obviously. Nevertheless this entire correction still validates my calculations and theory as we just found a beautiful support on the nearly crossroad point of my green and black fibbonacci circles that happened at the absolute bottom (red zone) of my trend extended fibbonacci retracement levels. As long as we stay above that red zone then my entire theory that led my to the 193k conclusion is by all means still valid. The moment we go bellow the red zone then my theory losses its fundamentals and im going to scrap all those ideas.
Trade safe, don't overleverage yourselves and good luck.
I'm still confident that this chart will grow old better than wine c:
My prior expectation of the direction and time of the price action wasn't accurate... obviously. Nevertheless this entire correction still validates my calculations and theory as we just found a beautiful support on the nearly crossroad point of my green and black fibbonacci circles that happened at the absolute bottom (red zone) of my trend extended fibbonacci retracement levels. As long as we stay above that red zone then my entire theory that led my to the 193k conclusion is by all means still valid. The moment we go bellow the red zone then my theory losses its fundamentals and im going to scrap all those ideas.
Trade safe, don't overleverage yourselves and good luck.
I'm still confident that this chart will grow old better than wine c:
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