Consolidation before Higher?

Most recent sell off is reminiscent of the FTX dump late 2022.. similar volume sell off/liquidation cascade...

Almost every popular "trader" on twitter calling for lower prices, which could very well happen.

I see two scenarios.. the fractal outlined on the chart where price chops sideways towards Q4 then spikes higher and finally breaks out of the multi year downtrend channel..

OR.. Scenario two:

Price mean-reverts to fill the CME gap around 27-28k area, then nukes to fill the gap around 21-22k (also the golden pocket), before another leg up.

Below:

Zlecenie aktywne:

Gap Filled above
Positive news - SEC lost against greyscale.

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Following quite closely so far

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o.O

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Following the fractal quite closely.. Expecting 36k this year

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Wow, god candle on fake ETF news.. still on track

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Going great

Zlecenie aktywne:

Still on track!!

Zlecenie aktywne:

Target reached on Bitcoin Futures (36,000)

Almost there on Spot..

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36,760$ will hit before any real correction in my opinion

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Ok 45600 is the top - surely?

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We rejected up here...