Both possible scenarios for BTC
Here are both possible scenarios in terms of the triangles BTC is accumulating within.
Blue symmetrical: ~ equal chances of pump/dump
Yellow descending: more likely to dump
Green trend lines: stuck within this region, breaking out would help determine future price action
Dark blue rectangles: Sketchy support/resistance zones
Light blue rectangles: Potential bounce zones
Red rectangle: Fake out zone
There is a SAR wave approaching from below and we are currently within a BB squeeze. I find it more likely to dump to ~7k before rebounding to enter 4th parabolic cycle and reach new ATH by or shortly after the halving.
Blue symmetrical: ~ equal chances of pump/dump
Yellow descending: more likely to dump
Green trend lines: stuck within this region, breaking out would help determine future price action
Dark blue rectangles: Sketchy support/resistance zones
Light blue rectangles: Potential bounce zones
Red rectangle: Fake out zone
There is a SAR wave approaching from below and we are currently within a BB squeeze. I find it more likely to dump to ~7k before rebounding to enter 4th parabolic cycle and reach new ATH by or shortly after the halving.
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