14 minutes ago Red lines and boxes are sellers. Green lines and boxes are buyers. Liquidation shadow included. This is not based on candlesticks , but instead on liquidations levels. Funny enough they also match up to fib levels.
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...