nagihatoum

BVOL24H,BTC new volatility interpretation,April-March mega pump.

Corto
BNC:BLX   Bitcoin Liquid Index
There was a clue to the recent dump that I missed. The volatility spikes are regular in timing, and a vertical timing line (green dashed) is present for march on the chart. I saw this and ignored it thinking volatility will skip the time line for the April-May time line. At the time it made sense, consolidation then a big drop.

With the recent move, the volatility chart must be reinterpreted, a March mega dump followed by an April-May Mega pump. BTC going down to $3150 and double bottoming is possible.

Otherwise there is the horrible possibility of a mega dump again in April-May to 1.8k, the descending triangle's target.

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