$BTC
Coming back to this fractal as it's almost time for price to form a local top and start dumping soon.
As you can see the purple dot is literally above the price and we are very close to the local high.
And literally everything is and has been repeating again, the range, the macro.
There's one thing that shocked me as well, if you see the last drop (the black dot), it happened because we had COVID at that time.
And now things are looking very similar with a new virus in talk, called "Hantavirus",
So it's very possible that we repeat the exact same thing that happened in the previous bear market (2022),
Also the dots that you see on the chart doesn't show the EXACT timing that it will take price to create them.
They are just estimates and are derived from the potential top/bottom that can occur on our way.
One thing is for sure that on the HTF, we are going lower,
And something will definitely cause the price to start dumping,
It doesn't matter if your favorite "influencer" trader on X is saying it's going to 90-100k and we are having a supercycle.
The max extension that I can see for the current pa is 84k-85k.
Though before going higher, I am expecting 78k-78.5k and then bounce back from there to 84k.
I will come back to this chart in 1-3 weeks, as that's the time, when I am expecting for price to form a local top.
I will remain short and will catch the entire move when it happens.
The worst thing that you can do in these times is getting your biased wrong cuz of someone else.
Make sure you have the right people in your feed, who know what they are doing.
Decision time for BTC.
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@MEXC_Official @memeboxtoken