GB

The pain continues for $BTC and I think we see new lows very soon. Currently looking at a ltf / short term target for 6716-6749 for $SPX and in correlation I think 58.2k for #BTC.

$BTC h1 - looking for some potential upside to 71k if it can hold Wednesdays bottom and break above the 12/21 ema and reclaim ML. If we break below this trend however we’ll probably just make new lows over the weekend.

$SOL 1W - below 78.3 support we get the htf 0.786 fib @ 69.58, below that we get 45 dollars. 30-45 looks like good buy levels IF $BTC finds a bottom latter end of 2026.

Ignoring the current situation with $BTC but the last time $ETH wicked then fell below its weekly 200ema it took 42 days to bottom and dropped 39/40% below.
IF similar repeats, that takes price just above the 1558 support for a possible bottom around March.

$TAO one of the few alt coin bags I still hold (unfortunately) but best case we fill in the recent low, deviate below this key level before reclaim and have some relief.
Else price likely trades another 13% lower to next support around 128.

Where will Bitcoin bottom?
No denying now that the 4 year cycle is likely in play. I’m using the last bear market in 2022 as confluence and using the fractal that is almost mirroring current price action. The only difference being it’s happening a lot quicker this cycle.
The weekly 200 ema is the main focus point here. If we are to follow the same path as of 2022 that takes price to 37.3k with an earlier bottom of around August instead of October, because the drop is happening quicker as I explained.
The only invalidation of this is if we start closing weekly candles above the 200ema.
Here

$Q h12 - Looks good for continuation imo if we can get back above 619. If we do then we likely go for another attempt of all time highs.

$BTC H2 📝

$BTC looking very similar may 2022 when price wicked below the weekly 200 ema. However if we get same again then no relief rally for a while.
Invals of this would be swift reclaim of the weekly 200 ema and consolidation above it.

$BTC currently wicked below the weekly 200 ema and about to close above. But looking back at previous PA this also happened back in May 2022 before downside continuation. Is #bitcoin about to follow the same fractal and continue downward to 34.5k. PA looks awfully similar to back then as well.

Added more $TAO around here. I know the market has not been respecting supports at all, but if it starts to, then here would be a good level to bounce from.

Would you take this swing $BTC long anon? 2.7R. Entry prev ATH / bottom of this demand zone. Target the yearly open. Invals below the weekly 200ema / htf 0.786 fib. Setting my limits.

Despite everything selling off $ALTS are showing decent strength relative to $BTC during this dump. $OTHERSBTC look very nice all considering.

$BTC I find it hard to believe why they would continue to trade this lower. Max pain right now is up. All liquidity is up.

$TAO - weekly close above 184 + some BTC/ETH recovery should allow us to see a short term bounce to at least 287. Spot buys down here look very appealing.

$NQ - tight range between resistance and the support levels below. Two attempts to breakout only to be met with a deviation and back down to 50ema. IMO if the rest of the market allows it, this is coiling up for a breakout.

$ETHBTC 119 days of up after finding the bottom followed by 154 days of down. Only fair this pullback comes to an end nearing this 0.618 fib.

$BTC - weekly close + monthly close + weekend pa. I think we should prepare for 74-78k.