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A Speculative Approach To Macro Trends | BTC - Coinbase

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I haven't posted in a while but I'm back after a year's (or two..i forget) long worth of learning. And as I've been practicing heavily in all different market classes (commodities / forex / crypto) I find myself returning back to Bitcoin. Why? Because it's a 24/7 market, you silly. There's no pause, no momentary breaks or close of business. You (as in me) can just practice, practice, & practice vigorously & rigorously, until I've cracked the code (lol).

Now let's just take a look into everything surrounding BTC recently. Demand increased ACROSS THE BOARD. Halve-ing event right around the corner - if not already happening as we speak (affects supply and demand). Next we have (chart) recent price hanging around current All Time High of approx 64/65K.

Now (here's the fun stuff) I used simple logic here, so bear with me (working theory) BUT my estimated calculations for the next month show price should drop (monthly TF) approx 7% - ish. And that 'ish' - percent should be the 'Low' of the month IF we are actually going to go higher and close green by the start of April.

And so the levels I have in this chart show estimated Fib levels that we could see potential S/R in the meantime UNTIL March 18 (at the very latest : again estimated). There after March 18 we should see a Massive Rush of Bullish momentum coming into the market.

If, however, price by March 18 is below the 7% ish (maybe 10-12%) level then it's likely we're seeing an extended region of consolidation. So maybe a red color on chart for March, in which case these levels will essentially be null and void.

Again all this is just speculative based on a working theory. Let me know what you think.

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