Do you remember all those bearish Bitcoin ideas Without Worries posted during quarter 4? The ones you din’t want to read but were difficult to ignore? And now the same "screaming from the roof tops" with a plethora of bullish alt token ideas? Is the math is mathing?

On the above 6 day chart price action has plummeted a whopping 99% as holders finally decide to make the losses real. Is now the time to join them? Let me give you a few reasons why that might not be the best idea:

1. Support and resistance. How is it possible people are selling into support after a 99% correction? What level of emotion do you have to be in that place? Yes.
2. Divergence on base. Remember the “base” discussion on OTHERS total? Not only is price action testing support, it does so with divergence.
3. Let’s talk about forecasts. In 2020 when price action confirmed support the 12 months that followed were all green. The forecasts shown above are a meaningful group of resistances on many different timeframes where confluence is the greatest. P’s remember about starting on Monthly and working your way in?

Conclusions
After a 99% correction, what’s left, fear or opportunity?
History shows that capitulation tends to occur near support, not resistance. Add base divergence and multi-timeframe confluence, and what you’re seeing isn’t weakness, it’s compression. The crowd sells emotion. Structure trades probability.

Could we go lower? Yes.
Is that probable? No.

Ww





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Disclaimer
This is not financial advice. It’s an observation, the kind you’re free to ignore while holding a token with no users, no revenue, and a supply schedule that looks like it was designed by a printer on fire.

If you buy it and it goes up, you’re a genius.
If you buy it and it goes down, it was “market manipulation.”
Do your own research. Or don’t. Just don’t confuse hope with a business model