This is just a sketch. BTC is at the intersection of the arcs. It seems it's confined within. As always, meaningful moves would be after CES a couple of hours later.
If the Gann Square works as expected, the more straightforward direction for BTC to go is down. In addition, the bearish dragon pattern of my previous idea hasn't unfolded completely.
I have been bearish (at least) since it fell from 25k, so I am shorting as always. What would you see?
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I expect some reversal at 0.786. Take care, shorters, we win!
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FR 0.786 almost reached. Some rebound, as expected.