Fibonacci tool is the basis of my analysis.once we achieve a double top at 18444. It is a major drop to 12000 and a possible 7000. A crash I would call it.
Hey i see Bitcoin rallying to 80,000 anytime from this moment PRE-HALVING. It is a great time to buy , especially if it goes lower than where it is now-63400. This will be the first leg. Then drop to 53900 POST -HALVING, the second leg. Finally rally to 144,000 the 3rd leg.
The first bottom was 3,000 in 2020, Then 10,000. Then 17,500. Then 25500. Then 38600. Then now as I publish the bottom is forming at 51,500. In the M formation. 3,000 first leg. 7,000 2nd leg high. Then 17500 Highest leg up. IT THEN RALLIED TO 31000. Almost doubled.
Now we take 25500 as the first leg of the M formation. Then 38600 as the 2nd leg formation and...
