A possible view of BTC . This is the , as you can see i have my 2 long term down drawn along with BTC bottom support line, creating this big long term . Then I have this smaller drawn for more recent data and I found that the tip of this on the shorter time frames matches up with my long term down . Now shifting our focus to the daily we can see for a period of time in the near future this cloud thins out, becoming less of a resistance to break through. I have outlined the beginning and ending period of this thinned cloud (green lines) and you cansee this falls in the same exact time frame that the intersect. To add, we can see BTC has a possible cross coming up on the daily (tenkan & kijun), and the is on a steady incline backed by a diagonal support. To wrap this bias up, BTC has been making higher lows for a good amount of time now!
Now if BTC fails here, I think this will be the time we truly drop bottom support and take that deep dive, we are running out of room to keep creating these lower highs above the 5.8k - 6k range
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