$BTC Within the tertiary trends, there are bounces and noise, mostly due to FOMO. We are in the midst of the noise of a bearish tertiary trend; our next stop is between 100k and 85k. When it truly bounces, the tertiary trend quickly turns bullish, in a bullish secondary trend that will seek a new maximum between 115k and 130k. The primary trend remains bullish. As I mentioned in another post: the drop from 110k to 74k was a bearish secondary trend within the bullish primary trend. It was confirmed when the bearish secondary trend bounced, marking the trend line and creating a new maximum. It will drop as much as they have FOMO; the norm would be between 33% and 50%, but it could fall as much as 66% (golden band) to 75% and then bounce to seek a new maximum!

If you want to understand what primary, secondary, and tertiary trend lines are, I explain it clearly in another post.

Thank you for taking the time to read, and I hope it has been enlightening for you.

Best regards from Uruguay billhyd5