Linneaus

BTC CORRECTION IDEA 2022

INDEX:BTCUSD   Bitcoin
Speculative correction termination concept with 12k area as target which lines up well with prior posted regression analysis and macro shark harmonic PRZ. Blue line is 200 Weekly EMA. Circled regions emphasize recent bear market rallies. Looking for a rally in October towards the 200 weekly EMA at 26500 area, sharp correction towards Thanksgiving weekend nov 26, as liquidity tends to be low over the long holiday weekends, and November's during US midterms are statistically bearish.

*** falls well within the category of wild speculation: no calls, just a concept I keep in mind.
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