I hope this works. I have to type more because it won't allow me to publish this with the description as "I hope this works." So I am going to write just a little bit more so that I can actually publish this for you
BTC held the same support trend line for the first two cycles. Seemed to hold in the 2018 bear market, until the Hash War & the subsequent Bitcoin Cash fork caused BTC to fall out of its 2 Cycle Support Trend Line in Nov. 2018.
In Dec. 2018, BTC found a new support level and moved upward. BTC then failed to break 2 Cycle Support in June ‘19 and fell back to...
In this analysis, I was initially charting BTC's ascending triangle and finding the price target range. I went to confirm that we were truly at a bottom by using the Trend-Based Fib Extensions and also confirm the price target range, both have been confirmed. Then I began to question whether the previous cycle's Fib Extionsions had any implications on price levels...
As BTC has trended along these century old patterns/trends quite closely over the past 5 months, one can conclude that manipulation is the root cause of the 55% crash. The MM's had manipulated the price so they could accumulate as much BTC and/or ETH as possible, and according to Wyckoff's Theories of Distribution and Accumulation, this is almost over. My belief...
