The most unpopular chart on Tradingview! LOL. You could very well be right though. "If BTC trades like FX" is the clincher here. The frenzy buying can be unreal at times, and I often wonder how much control larger institutions have on price in those kind of situations. When segwit activates it could be very reassuring to buyers, so a mirror image of your red lines wouldn't surprise me. What also wouldn't surprise me is the institutions capitalizing on some kind of FUD to inject the liquidity needed to drive price right down to where you have marked. I am keeping a grey mind until the fork drama ends and we see some major levels hit.
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