Hi Everyone! This is obviously "part 2" of our Bitcoin analysis. In this publication, I cover lower time frames a bit more and point out how the Red Line is already at Yellow Level 50 in the 11-Day, 12-Day and 13-Day time frames BUT the Price action is "not" at the Yellow B-Band Basis yet. This increases the odds for us to go down to the Yellow B-Band Basis even more in the 11-Day, 12-Day and 13-Day time frames in my opinion.
11-Day ; 12-Day ; 13-Day :
Our Near Term Group (12h, 24h, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and 1-Week) all suggest "continued" expansion DOWN as well. Look how many of the time frames have both red and blue lines BELOW Yellow Level 50; suggesting some type of expansion down. Whether it would be stage 1, stage 2 or even stage 3 expansion DOWN.
11-Day ; 12-Day ; 13-Day :
Our Near Term Group (12h, 24h, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and 1-Week) all suggest "continued" expansion DOWN as well. Look how many of the time frames have both red and blue lines BELOW Yellow Level 50; suggesting some type of expansion down. Whether it would be stage 1, stage 2 or even stage 3 expansion DOWN.