Potential Bitcoin Bearish Gartley forming. 37k next. Then 57k.

Bearish Gartley forming? It has already made X - A - B.

So if any of you remember the stuff I post, I'm pretty much the most bearish person on tradingview for bitcoin. Right now i'm going to post something a tiny bit bullish... but ultimately, it is bearish AF.

A gartley pattern is one of the most reliable patterns in trading history. It makes an impulse from x - a. From a, it retraces .618 of a-x. then it makes a .382 to .886 retrace of a-b to make the c. then it rises to approximately .786 of x-a. Then it reverses.

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X - 65k
A - 28k
B - 53k

Those 3 have happened already.

C - theorizing at 37,300$
D - theorizing at 56,800$

After those... I expect it to get so ugly i can't put it into words.

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Bitcoin crashed from 49k like i said it would but it does not appear to be going down to 31k or 22k like I theorized. It looks like 37,300$ will hold as support and it looks like it will touch that location around October 4th.

I feel like 37,300$ will hold and it will go up from there, as it's the .236 retrace location, as well as it just doesn't look like the bears have a lot of strength right now. It's a support location looking left too.

If it goes up from there... I think the highest it will go is 57k. At 57k... well, 56,800$... it becomes a potential D of a bearish gartley. 56,800$ is the daily candle close directly under the .786.

Rejections for gartleys don't always happen at the .786 exactly on the dot. They almost exclusively happen at daIly candle closes or weekly candle closes (NEAR) the .786. Which, is 56,800$.

So basically, I think the following.

37,300$ on October 4th.
56,800$ near November 17th-24th.

Then... I expect the crypto holocaust to commence. I think 56,800 is going to be it. I think it's crashing down. Hard. For a very very very long time. I think 56,800 very well could send us down to one of the following.

16,200$. - recent support cluster looking down
12,500$. - fibonacci extension and also a resistance cluster looking down.
11,500$. - weekly support/resistance looking down
9,500$. - point of control for volume looking down for this recent bull market.
3,000$. - neckline of a 5 year head and shoulder looking down
1,000$. - support of previous bull market before 20k happened 5 years ago.

I'm not going to pretend to say I know which of these locations will hold. It looks like it starts getting ugly around the last week of november in 2021.

Let the hating commence! :)