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$BTC looks similar to 2022 Jelle, it's over!!!
Yeah, maybe. $105k and 50-day EMA/MA cluster are strong resistance - let's see how price reacts when we get there.
Until then, chew on this: 2021 saw a quick liquidity grab above the first high, and the last ATH was formed on 3 months of chop above the first high.
Two very different top structures, and a completely different environment as well; 2021's top saw massive QE coming to an end, and right now we're seeing the exact inverse, QT has ended, and the balance sheets are growing again.
Essentially, look at this for longer than 3 seconds, and it's not as similar as you think.
Just focus on the $105k resistance. The way BTC reacts to it when we get there will tell you everything you need to know.
Let me know what you think. We cooked, or are the MMs just trying to scare you out of a bag?