Current structure looks very similar to May 2022 after the Terra Luna and TerraUSD collapse Sharp dump → relief rally → continuation down If the fractal repeats, we could see a squeeze into the $71K, $75K imbalance within 15,30 days That range holds a clear unfilled FVG, so a rebalance there makes sense before any further downside Market is also heavily oversold, which supports a short-term bounce After that, a #move toward ~$56K to complete the cycle and form a bottom is still on the table #crypto $BTC
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🚨 $BTC SETTING UP FOR $75K+
Current structure looks very similar to May 2022 after the Terra Luna and TerraUSD collapse
Sharp dump → relief rally → continuation down
If the fractal repeats, we could see a squeeze into the $71K, $75K imbalance within 15,30 days
That range holds a clear unfilled FVG, so a rebalance there makes sense before any further downside
Market is also heavily oversold, which supports a short-term bounce
After that, a #move toward ~$56K to complete the cycle and form a bottom is still on the table
#crypto
$BTC