The right perspective is everything


Those focusing on the daily, weekly, etc. are missing what's going on the highest timeframes
The high timeframes are telling us this has a lot more to go
6M RSI is nowhere near a bottom zone
Price is still hanging onto the Tenkan-sen. Losing it results in a -58 to -74% decline
I have estimated for a 50% decline due to diminishing drawdowns, which takes us to where?
My target at $34,000
A breakdown of this wedge pattern should do the trick
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