The_Crypto_Papa_

The_Crypto_Papa_

Maximum drops in CRYPTOCAP:BTC during the 135 days prior to the previous halvings. Seeing especially what happened during this period before the 3rd Halving it is still early to celebrate. From current prices if this were a top, a same fall would take us to $15.7k for $BTC.

The_Crypto_Papa_

Main TL broken, Secondary TL broken, Indicator showing second bullish crossover of the whole bearmarker on 12h tf. Possible x100 from current levels to ATH but it all depends on BTC. If BTC starts a new bearish move after this deviation completely invalidates the scenario we would look for future buy points. Current resistance marked on the chart and invalidation...

The_Crypto_Papa_

If loses the mid-range, the following supports are clear, especially the yellow one is likely.

The_Crypto_Papa_

This pattern looks similar to the 2001-02 fractal. It's possible that the SPX will drop after reaching a triple top and breaking through a bearish channel. However, if there's a strong bullish breakout with high trading volume and bullish confirmation, it could signal that the upward trend will continue.