ETHBTC is at a very interesting juncture. Long term resistance is at 0,085. We can see a long term 3 wave pattern from 2021 top to 2022 bottom followed by a 5 up wave since then to same resistance level. We are now in a lower time frame correction that should open a break out.

When one of the major CEO in crypto speaks, we better listen carefully … #BTC be prepared for longer tough times … https://t.co/jJa6w9Dxo6

#Bitcoin Bearish Cross However unpopular this one might be, I have to share it anyway. From Ichimoku perspective, #BTC is having a Bearish Tenkan-Kijun Cross on the Monthly TF. Each time it happened, a drop of -53% on average occurred. Month isn't finished though.

#BTC macro bottom may be in if we compare 2022 price movement with 2018 price movement. If history is any guide now is the time to bottom fish and not to sell. RSI is in oversold territory ready to form a bearish divergence.

#BTC is at an interesting juncture: 1/ either we continue the weak rebound to 28-30k to reach min Fib retracement 2/ or we resume price weakness towards 13-16k to finish the bear trend. Despite macro environment, the recent BTC price fall does not look similar to preceding move.