(important for my followers): this is the fibonacci retrace from the 08-09 bottom to the 2021 top. notice how the purple and blue level validate these fibonacci lines by acting as support on former crashes. notice how the 50 ema sits at the red fib line and how the 100 sits at the green. also notice the black channel which also goes back to the 08-09 bottom to the 2022 top(couldn’t show it that far back on my phone). anyways even the bottom of the channel sits at confluence with the 200 sma. these things don’t happen accidentally. we call it confluence and it’s my firm belief that our bottom will be at either 29-30k or at 24-26k. late in the year for now i think we squeeze hard 🤷‍♂️. 