It's Quite Simple Actually

14 พ.ย.

What do you think? Nothing fancy. Based on what I'm seeing here (lining up with the middle of a fib zone) it's looking like we wick above the ascending resistance line to ~132k and have a candle close on/around the trend line for top of cycle. That is all dependent on when/if we get there, but looking good so far. Also note the ascending support line which puts a target around 30k for next bear market low. To me this makes a bit of sense.. after a halving lowest possible value should be ~2x the previous low. The RSI on the 4D is telling us a lower low is printed every market bottom so far. Worth noting. Best of luck to everyone out there. We're golden. BTCUSD