#Bitcoin key S/R level. Based on traditional technical patterns, which keep working no matter the market era, Bitcoin should see $300K+ before a bear market, for the same reason it dropped to $16,000 at the end of 2022 following the 2021 double top at $65Ks.
These patterns aren’t magic. They reflect human behavior (especially on the HTF):
Fear and greed
FOMO and panic
Accumulation and distribution.
Neckline now marked as a zone to reflect how HTF support actually trades.