So largely you seem to be suggesting down before up, and any amount of UP would be limited by around $25k-ish at the most - or the BTC price would be breaking above the wedge?

Some others have suggested that we could get some UP before down, which could take us to $30k and potentially a bit beyond $30k before breaking back down.. and I suppose that would be the medium bullish scenario.

There are some outlier more bullish scenario proclaimers who are suggesting the possibility of a break out that would be similar to 2019 - so in that regard we could end up getting well into the $40ks in such a scenario and even touch upon $50ks... and even in a 2019-like scenario we did end up getting a break back back down into the $7ks in late 2019 - and I would not even count the March 2020 break down to $3,850 as being part of the breaking back down.

Surely here we have some looming macro circumstances that could cause a quite extensive breaking down of BTC prices after the November 2022 election or might not happen until early 2023- which breakdown might not feel as bad if we could at least get UP first.. then at least in those cases, we might not necessarily have to have another break below the 200-week moving average for very extended periods of time (maybe for a week or two at most), and I anticipate our 200-week moving average will be getting into the mid $25ks and even approaching $26k by February 2023.. so if we get another 25%-ish break below the 200-week moving average, that will take us close to $20k again.. and surely that seems like a scary scenario that is not totally outside of the realm of possibilities... I just hate having to rely too much on macro factors, even though we have seen that bitcoin can end up being quite liquid during times of crisis that have been referred to as liquidity events - and even though I don't really buy any of this correlation bullshit when it applies to either bitcoin as a long term investment or even that there are likely going to be various times in the near future that bitcoin is going to to a wee widdow bouncing up - whether that is 3x, 5x, 8x 10x or more before it goes back to playing along with the short-term correlation narrative that makes so many normies (traditional financial analyzers) feel better to act as if it is correlated in their little fantasy world.