$BTCUSDT broadening formation LONG

$BTCUSD broadening formation LONG

BUY ~2600

let me know what you think?
technically it could go that low but if it does that would mean an 85% loss from its all time high,there will be no coming back from that, enough argument for governments to keep calling it scam regulate crypto and to convince people to not invest in a so volatile and risky asset, once this happens it will mean whales fighting each other until a final sell off
@leandro1, its historically common for parabolic formations to retreat 80%. That is around this level. Lets watch and wait!
Those lines seem abitrary
@philrego, agree. let me add some correlation fibs from ATH
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