Implausible without a positive catalyst and a return of interest in 'Risk On':
A V Shaped recovery of price action, reclaiming the value area in question, support of the VWAP and POC, essentially reversing the dump begun 2/21 with the curiously timed revelation of the Bybit hack...
Should price action *rapidly* reclaim
97K--or, better yet, $99.8K--and confirm the recovery with a Daily close above, the supposed post-halving bull run would be on again. For now...
Such an outcome would be consistent with an (arguable) Double Bottom--if not #JTTW.
A V Shaped recovery of price action, reclaiming the value area in question, support of the VWAP and POC, essentially reversing the dump begun 2/21 with the curiously timed revelation of the Bybit hack...
Should price action *rapidly* reclaim
97K--or, better yet, $99.8K--and confirm the recovery with a Daily close above, the supposed post-halving bull run would be on again. For now... Such an outcome would be consistent with an (arguable) Double Bottom--if not #JTTW.
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