reasons why march 24, 2023 and 8900/9000$

1:
[imgur] [link to imgur.com (secure)]

white arrows(white line) in picture one are the downsloping trendline started in summer of 2021. a huge two year old trendline.

yellow arrows represent the .236 extension from the 48.2k and using 17.5k as the 236 area. 8900$ area fits extremely well based on the 236 extension trick. 8900$ fits on a timeline of end of march due to the white arrow trendline.

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2:
[imgur] [link to imgur.com (secure)]

white arrows(yellow line) in picture two are the old daily candleclose trendline from 65k top two years ago. huge huge downsloping supportline and it will match with 8900$ around end of march 2023.

blue arrows in picture two represent the top at 48.2k and the .5 acting as a support for a while. You can often extend a market from top to bottom of a market like this. The trick is that it's hard to guess which spots are actually the top and which are actually the .5.

using the .5 extension trick above, the .236 has solid price action also. you can see this in the one of the lower yellow arrows.

lastly i didnt put an arrow on the low at jan 20, 2022 at 33k but it was exactly at the .618 of this fib bracket, indicating that this is a 2.618 fib extention of that market. another version of phi.

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3:
[imgur] [link to imgur.com (secure)]

ive been trying and trying and trying to figure out how to compare 2022 to 2018. well i think i have it here. haven't shown this to anyone yet but i copied the 2018 price structure from the circle on the left and moved it beneath price on the right. i put a verticle line at each corresponding high from the markets. you can tell that as they are lined up next to each other... the highs of each wave seem to be happening at the same time. very interesting to me.

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4:
[imgur] [link to imgur.com (secure)]

here i took that image above and put it on the line chart. i tried to make it so you can see both at the same time while they are on top of each other.

can you tell how much the 2018 is basically an exact mirror of current price? it's utterly remarkable to me that it has followed so far.

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5:

[imgur] [link to imgur.com (secure)]

upsloping weekly candleclose trendline support dating back from beginning of 2017, using the 2018 bottom, lands exactly at the 8900$ area by end of march 2023

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6: [imgur] [link to imgur.com (secure)]

last picture. this is the logarithmic weekly price chart. this is a 10 year old support line that touches 8900$ area around end of march 2023.

Again... that is... TEN years. Remarkable big trendline support.