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Gemini to close NFT marketplace Nifty Gateway as it sharpens focus on super app vision Senate Agriculture panel delays market structure hearing to Thursday after winter storm Has Bitcoin found a floor near $86K? ONE BTC indicator says… Crypto sells off amidst Trump Tariff Turmoil! $Trove falls 90% in awful TGE! Pump Fund announced!

Trading View May 6, 2022

Bearish BTC season 2022-2023

Bearish BTC season 2022-2023

Bearish BTC season 2022-2023

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

TopTradingViev

BINANCE:BTCUSDT COINBASE:BTCUSD BINANCE:BTCUSDTPERP BYBIT:BTCUSDT BINANCE:ETHUSDT COINBASE:ETHUSD BINANCE:ETHUSDT COINBASE:ETHUSD
The chart above illustrates a ratio analysis study of the major corrections from the 2013 and 2017 Bitcoin highs.
By extending the ratio’s of the former corrections we are able to generate two major support zones.
Panic Zone 1: 20k-23k
Panic Zone 2: 9.5k-12.5k
While target zone 2 seems quite deep at the moment, target zone 1 is also supported by my 2019 channel analysis here:

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