If BTC/USD continue to mimick the Extension Level ( Log Scale) from 2013, we would see something like that for the potential blow off top. This actually is my base case.
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That purple arrow was meant to start from the bellow green horizontal line at 55800 . Same as in 2013and as shared on twitter that very same day ( twitter.com/PierreMortez_/status/1461552697518211072 ) I'm not quite sure whether it's showing up in a weird way.