Well, if three arrows was the actual bottom of 2022, in the same way the Feb puke may have been the actual bottom of this bear, even if we ended up going lower on both occasions. Now matching up these two dates and running things through, after 6 months of chop, the mid August break out was only 2 weeks earlier than the mid January breakout in 2023, could this be a pattern emerging.
While it goes without saying it won’t repeat, but it could rhyme, some moves up with some retests through September and October feels sensible as the traders return, and if we get a pull back like 2023, could see sub $65k (don’t be washed out freaks), before a move higher and if we follow what has happened before, we could hit 1.5x the initial low, which with my maths, that would be reaching around $95k and if we’re two weeks ahead, that would pretty much be around the end of October.
Hmmmm, back to 100k by white paper day?
Stay calm freaks, just astronomy for men and as it’s just charts, I’m not even using crayons for this “analysis”, just looking for patterns.








