Good rationale for longing referencing the sophisticated TA. There are lines and everything.
Even a red arrow, this could basically be a youtube thumbnail.
Basically admitting that the author just wants to buy because the halving is this year.
Jack is a bad person for banning me from twitter. Therefore, the marketmaker gods are going to punish crypto and send btc to 2.8-3k.
Once everyone is convinced that we're dying and the leveraged longs are listening to suicidal thoughts in a loop it's time to give the new shorts a good ol smackin (RIP Biggie Smalls).
This is probably a meme but I used the bars pattern from 3.2k up to the last local high and mirrored it.
Good arguments against this are the volume and the fact that bars patterns often are just memes. Besides that if it plays out I'd expect it to go lower than 3.2k.
3k and below area seems to provide decent support if it breaks down and maybe would be an...
Imagine some rumors coming up, you know like the China "news" we had last year. Just about smth else this time. Quick capitulation into the range, either I'd see us stopping before 4k or going significantly below it. Alts get crippled hopefully. Then slow grind up into euphoria into the 12k double top levels from March. After that we die and go back to our minimum...