source avatarZed Banana

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if you look at daily time frame, btc right now looks very different from the pre-rich structure it was showing in 2023. the 300ma and 100ma formed 3 beautiful banana compressions from 2023-2025. but rn, d300ma already drooping, when it MUST curl up to begin forming bullish compression. let's see what kind of bounce we get at yvwap 73k. if it's weak, then all bullish structure is lost and we probably need many months of chop that will kill breakdown and breakout traders alike.

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