The white horizontal lines represent swing highs and lows based on closing prices, the maroon and green bands represent FVGs, and the orange diagonal lines represent C-Forks. The three central moving averages quantify momentum. Additionally, the thick yellow lines indicate levels derived from regression analysis, and the blue lines of the same length show the range of the calculations.
The zones with the most confluence are first the 61.5k zone, and most importantly, the 58.5k-60.2k zone, which is indicated by the blue box.
I remain consistently bearish, but let's see how Bitcoin reacts to these key levels
