Looking at the chart we can see that one of the Marketmakers might be showing us the actual next bottom through their hidden matrix network, I hope they don´t catch him, you the best man!
Lol.
Jokes aside, here we can see past movement being replicated sucessfully, question is will bitcoin manage to do it again?
The percentage drop from the top orange lines to the middle orange lines has been more or less equal to the percentage drop from the middle orange lines to the bottom red lines.
A break and close above that very same middle orange line has also been the beginning of a fierce vertical bullrun for Bitcoin in both Fractal 1 and 2. (Also look on the Weekly timeframe)
The purple box marks the spot for the bottom, according to Bitcoin history. A Wick to the bottom of it around 2100~ with short or long consolidation at the higher end of it around 2700+.
The white down trendline has also been tested in Fractal 2 before doing the last drop to the bottom, it seems bitcoin wants to do the same now again, tapping the trendline around 4500-4900 Either now in Feb or March.
OR the bottom is already in, who knows...
Comment
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Another New chart of mine showing also same bottom area:
Veeeery nice... Im ready to sel at 4.500ish and rebuy at 2.500ish! Lets trade :D
CryptoEngineering
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leorio
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BRO do you think that we have great chance we go about say 4700ish? so that means about 600~700$ up from here?
like muststopmurad view, you know.
DarkwolfSE
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@leorio, Yes our view is more or less the same, read my second last sentence, I said it seems bitcoin wants to go now first 4500-4900 touching the white trendline again before real bottom.
But there´s always a risk, so don´t be too sure my friend, maybe it only goes to 4300-4400...