$AVAX/BTC 1W chart
We’ve been stuck in this Descending Channel since December 2021
3.5 years of ‘Down Only’ against #Bitcoin 📉
One time (Oct-Dec 2023) we had a pretty significant rebound from the Bottom of the channel to its Top. That was an Exit Pump as we got rejected by the Channel’s Resistance & 0.618 Fib 🔨
Here we are again sitting at the Bottom of the Channel, the Sentiment is quite bearish, $Alts are looking terrible, $BTC Dominance is at the cycle top, but I believe in the next few months we’re gonna have another Exit Pump (at least) and reach the Top of the Channel 📈

$AVAX 1W chart
In Q4 2023-Q1 2024 $AVAX did a 7x on rising BTC.D
Imagine what will happen to the price of $AVAX when BTC.D finally crashes 😏
I am expecting #AVAX to repeat the Wave (A) we had in 2023-2024 📈
🎯 My Target Zone is $105-145
Mandatory condition - BTC.D has to start going down 📉

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