I have updated this idea. Sometimes pivot lines work and sometimes they don't. The key is to find the correct chart. Assuming the trend line in the mean distribution, BTC can bounce off of the mid line of the gaussian channel and have a relief rally to 37k, and then back down to 10k-15k area to form a double bottom. The next havening is not until May 2024 so I think a rally would start then. upwards to retest the 60k area.
Note
Avange-Lina
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Avange-Lina
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.