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$BTC Zoomed in w/ Last Cycle's Fractals
Now, We all know that we've been following the Last Cycle's PA pretty much to the dot so far. However, I don't solely rely on historical references as they're never guaranteed to play out again, and each cycle's PA is different from the last one in one way or another.
But the thing is, When I couple the Yearly Candle Time + Liquidity analysis I shared above with the last cycle's price action, They pretty much complement each other.
In fact, It feels less like a historical PA reference here and more like a visual representation of that thought process on the chart right now.
Based on this Fractal, The roadmap is the same:
--> Retest of the previous yearly candle's low to complete HTF Wave 2.
--> Pump back above the yearly open and close the year in green around 93.6k
--> Next yearly candle holds the current yearly open and continues towards the upside.
Pretty much what I shared in the post above, and both scenarios line up pretty well and complement each other.
So where I'm getting at is that if we lose the current lows, It would very likely mean we repeat something similar to what we saw back in 2023.
A HTF correction is due, and the 74k-72k region has always remained on my radar.
However, For that region to come into play, We first need to break below the 0.618 Fib on the 1D, sitting at 79.6k.
Key Focus: Holding above the $80,000 psychological barrier is crucial to maintain short-term bullish momentum. A sustained 4-hour close below $79,600 risks liquidity sweeps toward $78,500