The path to 46k and what you should know.

1) Bitcoin left a Balanced Price Range at the All Time Highs and Broke to the Downside.

2) The Range was left with speed which offered only sellside liquidity i.e no chances for buyers to step in / very little to NO retracements.

3) In terms of PA whenever we Talk about a Range we need to talk about Equilibrium.

4) Consolidation seeks equilibrium, This equilibrium is at 46k.

5) If We know the bottom is at 15k and the likely Draw on Liquidity is 46k then we can grade the swing from bottom to top by adding a fib tool on.

6) What we see here is that a Change in the State of Delivery occured at the 25% level i.e Price confirmed moving from sell model to buy model.

7) What we know about Grading is that 1 of 2 things occur at the 50%, Speed or Stop Runs.

8) If there is Speed at the 50% then expect Stop Runs at the 75%

9) Enter a yearly AMD cycle and we see that from the beginning of this year to date we are in an Accumulation cycle.

10) Around the end of May we enter into a Manipulation cycle where there is possibility they drop price before sending it higher.

11) If they do drop price then what is the likely area they drop to?

12) The closest Order Block and Equilibrium sits at 23k

What does this all mean though?

If our Final expectations are 46k and we know there is a likely chance that we retrace to 23k , If that happens then its TIME to go all in on BTC and any other Alts you have your eyes on.

Be Safe!