Updated idea from my infamous (38K is the bottom and you missed it) idea. Sadly this one isn't as fun as not enough people are bearish enough to refute me on this idea. This could be a good or bad sign depending on how you look at it. By studying the patterns I have concluded that BTCUSD will NEVER see under 48K again and if you got in at that price or below, Good job. I will bet my entire account on it. If Bitcoin ever goes below 48K to even $47,999.99 I will permanently delete this Trading view account and you will never see another idea from Jason Valice. Good Night.
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I expect a breakout from the pink level within the next 5 days. If not we still have until the halving to break above.
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It doesn't like being out of my zone. The pink lines are magnets.
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As I said before, the pink lines are magnetic and the overall range has it's on field that brings BTC back for some reason.