Fibonacci Time Levels on BTC - Multi-Scenario
Macro bull trend is still present - key levels for price targets seem to correlate to Fibonacci time levels between ATH Peaks as shown.
Green lines show critical, long-term resistance and support levels.
The historical trend shows max pain at mid-30k level into May 2022, with support near the yellow box.
Anything beneath the mid-low 30k level completely invalidates this model.
After reaching sub-$35k, there could be a wide-range of price reversal paths that fit within the purple, yellow, orange zones.
It is probable that BTC will reach or exceed the $(75-100)k level by years' end if these long term trend lines are able to uphold.
Solid DCA available in the next 4-6 weeks
Green lines show critical, long-term resistance and support levels.
The historical trend shows max pain at mid-30k level into May 2022, with support near the yellow box.
Anything beneath the mid-low 30k level completely invalidates this model.
After reaching sub-$35k, there could be a wide-range of price reversal paths that fit within the purple, yellow, orange zones.
It is probable that BTC will reach or exceed the $(75-100)k level by years' end if these long term trend lines are able to uphold.
Solid DCA available in the next 4-6 weeks
1.09 Time Fib = 5/10/22
1.145 Time Fib = 7/30/22
1.236 Time Fib = 12/12/22