Long term bullish fundamentals.. This is my strictly macro technical analysis of bitcoin.. my analysis consists of Gann (50% level swings) and Wyckoff theory, supply and demand, and my own testing when it comes to 50% levels inside of large geometric patterns.. Lastly, the bone zone... this is where I expect confluence and a bounce around the 125 DMA and plan to buy a very nice chunk.. What are your thoughts?
My theoretical 50% level of the large pattern playing out seems to be holding strong... However I am not convinced the downside pressure is over just yet.