Consolidation before Higher?

Most recent sell off is reminiscent of the FTX dump late 2022.. similar volume sell off/liquidation cascade...

Almost every popular "trader" on twitter calling for lower prices, which could very well happen.

I see two scenarios.. the fractal outlined on the chart where price chops sideways towards Q4 then spikes higher and finally breaks out of the multi year downtrend channel..

OR.. Scenario two:

Price mean-reverts to fill the CME gap around 27-28k area, then nukes to fill the gap around 21-22k (also the golden pocket), before another leg up.

Below:

액티브 트레이드:

Gap Filled above
Positive news - SEC lost against greyscale.

코멘트:

Following quite closely so far

코멘트:

o.O

코멘트:

Following the fractal quite closely.. Expecting 36k this year

코멘트:

Wow, god candle on fake ETF news.. still on track

코멘트:

Going great

액티브 트레이드:

Still on track!!

액티브 트레이드:

Target reached on Bitcoin Futures (36,000)

Almost there on Spot..

코멘트:

36,760$ will hit before any real correction in my opinion

코멘트:

Ok 45600 is the top - surely?

코멘트:

We rejected up here...