Good question. To clarify, the lines aren't generated from a formal probability model. They represent a conditional technical-analysis scenario based on support/resistance, market structure and liquidity zones.
When I use “probability,” I mean that if BTC gets rejected from the $80K–$82K supply zone and then loses $74K, the likelihood of moving toward the next support levels ($70K and $62K–$63K) increases.
A proper probability model would require historical data, defined events and backtesting to calculate actual probabilities. This chart is more of a visual/conditional scenario rather than a statistically validated model.
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u/PopeRaunchyIV 8h ago
Can you say more about how this fits in the probability theory sub?