Bitcoin daily.
Blue = next barrier and likely bounce area.
Green = expected bottom area to BUY.
Red = highly unlikely but would be MAJOR buying opportunities.
Despite everyone talking about $88k as the continuation level to break for bull confirmation, that level really is $92.5k ... and we ARE still in a bull market until October.
The longer we take to fall, the greater our chances of $60k becoming a reality.
I feel confident we're not going to bottom until another 5 weeks. My favored scenario was low-$70k level now, then bouncing around until May before we head up again.
But now, that door to $60k will creak open more and more with each passing day.
I'm on the record (on X) that we hit $144k on October followed by a brief period next year where we hit $37k momentarily. The big move will, and money to be made, will be from mid-next year onwards. We'll still do well this year in the run up to October but I feel people are getting carried away with emotional desires rather than just reading the evidence printed on a chart.
