$ETH
HTF I think we at least take out those equal lows at 1368 but there’s also a case to be made for tagging the 2021 lows tbh. https://t.co/sKaYOfJIco
ETHActivation price $1,575.46Direction ShortType DirectionalTimeframe Long
Max Favorable +1.7%Max Adverse −14.7%ACTIVE
bitcoin:native
From a very HTF point of view, I think we either get A or B. Anything in between doesn't make much sense.
For the record, A is my base case at the moment. I think we're around 4-5 months away from a bottom in terms of time and/or price. Put in a bottom around 38-49k then reclaim the 49k pivot.
That said, the 15k inducement low above the 10k demand remains a point of interest purely from a charting perspective. It would likely take a galactic amount of things going wrong at the same time for this to materialise, such as stonks nuking, quantum threat continuing to accelerate, and a large holder, say an entity that holds 4% of the entire bitcoin supply, becoming a forced seller, among perhaps unforeseen things coming together all at once.
Probably A (90%) but maybe B (10%).
Now I've tricked you into thinking 49k ain't so bad right.
BTCActivation price $60,755.83Direction LongType ConditionalTrigger Reclaim / Flip Bullish 49000Timeframe Long
ACTIVE
bitcoin:native
From a very HTF point of view, I think we either get A or B. Anything in between doesn't make much sense.
For the record, A is my base case at the moment. I think we're around 4-5 months away from a bottom in terms of time and/or price. Put in a bottom around 38-49k then reclaim the 49k pivot.
That said, the 15k inducement low above the 10k demand remains a point of interest purely from a charting perspective. It would likely take a galactic amount of things going wrong at the same time for this to materialise, such as stonks nuking, quantum threat continuing to accelerate, and a large holder, say an entity that holds 4% of the entire bitcoin supply, becoming a forced seller, among perhaps unforeseen things coming together all at once.
Probably A (90%) but maybe B (10%).
Now I've tricked you into thinking 49k ain't so bad right.
BTCActivation price $60,755.83Direction ShortType DirectionalTimeframe Long
Max Favorable +4.9%Max Adverse −10.8%ACTIVE