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$BTC M1
This is a fractal from the previous mid-term year during the 2022 bear market. Price is currently acting similar, first cycle close below the 50 EMA ( we are about to get this ) and the 50 MA.
We have put in the local bottom in June just like we did back then. Price then rally’s 43% from that low throughout the next couple of months. (I don’t think we rally as aggressively % wise but certainly price wise)
Local top then in August / September with final leg down and the real bottom is formed at some point in Q4, if we do the same as 2022 that’s a bottom at the 100 EMA on the monthly currently around 48k.