#TheStrat BTC Full Timeframe Continuity to the Downside

We are currently inside of a green weekly candle on bitcoin after a nice run for crypto.

However, we are still inside of a big red monthly candle, putting Bitcoin at risk for going Full-Timeframe Continuity to the downside. This means each timeframe’s latest candle is a red candle which indicates selling on all timeframes.


Here are the short targets into full-timeframe continuity to the downside for Bitcoin.

My ideas from my last posts still stand, putting a potential bottom for Bitcoin at 13,000 to 16,000, which is the bottom of the broadening formation on the longer term timeframes.

All of my posts thus far follow a trading strategy called “The Strat”, which is based on price action scenarios, multiple timeframes, and broadening formations.

Educational purposes only, thanks for reading :)