Hey everyone.... so ive done a 2day BTC fractal analysis
As you can see if added some important key areas in the orange bubbles. The first one being the covid but also what many might not be aware of was on the 20th March 2020 Suadi (US allies) dropped an oil price war on Russia. This tanked the oil price to less than zero. And you can see it here on the chart. Then the second is where the crash would of happened at present day based on the fractal from this period.
Now look at the fractal, ive outlined the main fractal on the left from june 2019 to april 2021. I have then split his fractal into two, thus removing the previous spoofy crash.
I say spoofy becasue it was a coincidence with covid, i wonder who stocked up on the oil at that price, for it to rocket a few months later hmmm.
Anyway thats for another day, But the fractal from june 2019 to feb 2020 is pretty much bang on to price action june 2022 to march 2023.
So is it fair to say we have skipped past the previous crash and heading into the bull run phase 1
Look how close we are to a golden cross (50MA crossing up and abovew the 200MA.
SO what about levels, longer term levels of resistance to breakl are : 41,600 / 52K / 69K
Then when we hit ATH next level up potentially 100K then up to 150K basing it on this fractal pattern and the golden cross.
Im not saying this is gonna happen overnight but its happened before so probability says it can happen again,
Or could Balanji be right and we hit $1M
Peace and love everyone, share and like dudes :)
As you can see if added some important key areas in the orange bubbles. The first one being the covid but also what many might not be aware of was on the 20th March 2020 Suadi (US allies) dropped an oil price war on Russia. This tanked the oil price to less than zero. And you can see it here on the chart. Then the second is where the crash would of happened at present day based on the fractal from this period.
Now look at the fractal, ive outlined the main fractal on the left from june 2019 to april 2021. I have then split his fractal into two, thus removing the previous spoofy crash.
I say spoofy becasue it was a coincidence with covid, i wonder who stocked up on the oil at that price, for it to rocket a few months later hmmm.
Anyway thats for another day, But the fractal from june 2019 to feb 2020 is pretty much bang on to price action june 2022 to march 2023.
So is it fair to say we have skipped past the previous crash and heading into the bull run phase 1
Look how close we are to a golden cross (50MA crossing up and abovew the 200MA.
SO what about levels, longer term levels of resistance to breakl are : 41,600 / 52K / 69K
Then when we hit ATH next level up potentially 100K then up to 150K basing it on this fractal pattern and the golden cross.
Im not saying this is gonna happen overnight but its happened before so probability says it can happen again,
Or could Balanji be right and we hit $1M
Peace and love everyone, share and like dudes :)
