This is just speculation...
But.
I see so many calling for this 2022 fractal. I get it. It's logical. It makes sense... Everything is rekt so we must dump more? right?
And that could be the case.
Everything is possible and I do respect the bears.
My question is: Why nobody is not considering the simple facts in the chart when presenting this bear case?
Like:
#1 There's a ton of support below 60K (in 2022 it was a wide open gap below)
#2 The 2022 bear low formed on the top of the previous peak. As it is the case right now.
#3 BTC is sitting at historically significant ascending support!
What are your thoughts?
