All credit to jalapablo trading and if you haven't checked him out, please do, he's brilliant. So he published this idea and I can't stop finding this pattern since I've read this idea. It's repeated in the micro again and again and it gives us an idea of where the macro is going. So what you see here is the 15 min, two spots in the recent micro that I'm lining up with the macro. No, I'm not saying it will take until April or May to drop. No I'm not saying we go down to 10,000 dollars or whatever it has. I'm making a point that this theme is a repeating micro theme that should play out in the macro. This is what I've learned from jalapablo and it's really brilliant. You can see that if I'm right about the patterns matching up timewise, we should have some sideways and then a violent and quick drop, just as it keeps repeating in the micro. I would expect this to happen much sooner, it's just the point of putting these repeating themes over the current macro. I think we can drop to 31-32k and lower to 25k possibly. Again there is a bull case for going to 50k or more. I'm simply showing what the path might be here and I fully expect this big and quick drop based off of this repeating micro bar pattern in the micro. BTC price could go up more and trend sideways before this big drop. But if this pattern does repeate like it's showing, it will be quick and it will be devastating.
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And what I mean be devastating is that ultimately, a normal correction, but it will be fast and will wreck many. If you see after the repeating pattern a recovery and further upside.
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same pattern unfolding on the lower time frame today of course with the small spike from the false ETF news