The DOLLAR is the worlds #1 trade and reserve currency #GOLD is the KING of Anti Fiat #Bitcoin is attempting to replace GOLD in the mindshare of people (to a certain extent it has, considering from where it started from just a brief 15 years ago) So observing the major trends of the #DXY is crucial to determine how to place your bets and how much risk you should...
History doesn't repeat itself, but it often rhymes... We're now in the post-halving part of the Bullrun, and we can look back into Bitcoins history to help predict what might happen next. Typically A bull cycle lasts 1065 days from the low to the high with the halving event in the middle. If we use that same timeframe and apply it to this Bullrun we can...
If we can envision a Inverse Head and shoulders forming. With a horizontal neckline coming in at around $47.5-48k It gives us a LOG projection north of $140k Draw it out yourself and see :) A linear target would be much more subdued and give us a $80k target And trap people below that magical figure for close to a decade , if u tack on a bear market that...
Making gains in #Crypto has gotten harder and harder with each passing cycle for the vast majority of participants. That is an unquestionable truth that I see and hear from people. #Bitcoin itself is in it's 4th Hype cycle... which is bearish 2013 Mt Gox ponzi cycle top/collapse 2017 Eth/ICO craze, CME futures. CNBC XRP shill top. 2021 Uniswap/DEFI innovation ,...
Watch the calendar not the price. Hard to implement. But it's the only way to keep your sanity investing in #Crypto :) We have had double bubble's Parabolic tops marginally higher high, double tops what next a rising wedge top, triple top , a clean head and shoulders? all that we know , we must fear the euphoria and fade the crowd.
Based on past cycles The breakout should occur around 33 months post the 2021 high With the top occurring Q4 2025 This could be front run of course. As the thesis laid out by Bob Loukas. And I do lean into the idea this is going to be a major top for #BTC Resulting in the halvening failing to provide the expected pump in 2028
I don't make the rules. :) We are just surfing the waves of emotions, of the crowds. Here we have Monthly line chart with the RSI It clearly shows a quickening of the trend and how the 4 year cycle is likely to fail this time around. It is too well know as a theory and will be front ran. (in my opinion) We should get a RSI peak at this rate, around May...
"Ladies and gentlemen, I'm excited to share with you that Bitcoin adoption is gaining momentum in institutional settings! Heavy hitters like Fidelity Investments, JPMorgan Chase, and Goldman Sachs are actively exploring cryptocurrency offerings. And it's not just them - real-world banks like Morgan Stanley and Bank of America are taking notice, filing patents for...
This chart is of the market cap of #Altcoins divided by the marketcap of #Bitcoin. If this ratio is going UP Sh@tcoins (to give them their colloqiual name) are out performing the #1 #Crypto asset. ("there is NO 2nd best.. " M. Saylor) Risk ON. Aka Silly season. If this ratio is going down. Then S coins are underperforming BTC Bear market... S coins getting...
This new BTC cycle continues to rhyme with the previous 3 cycles almost perfectly. everyone said this cycle would be different but I am just seeing more of the same... In trading we should expect the same until proven otherwise, its like the trader continuing to attempt a break out trade while the market is moving sideways in a range, it might reject 7-8 times...
Notes on the chart: • Month counting starts from where a new bull run begins and on the chart it marks how many months it took for the full cycle to complete (roughly 49mo). • Blue horizontal lines are BTC halvings. • Green zones are accumulation zones Overall update of the 4-year journey Back from our previous post we were looking at when the lows would be...
WE SHOULD HAVE BROKEN above this 3 year average by now and been using it as support to provide a launchpad into next year's having. INSTEAD it has firmly been capping prices during these last few months when historicallym it would have been penetrated by now. Quite concerning for those who are still heavily in #Altcoins
In today's idea, we're going to entertain a "what if" scenario for CRYPTOCAP:BTC : what if the price of Bitcoin does an exact repeat of what happened back in 2019 up until the high in early 2021? This hypothesis is based off the candle pattern that starts from the 2019 mid-cycle high (1). So, assuming April 2023 was our mid-cycle high of $31,035, it's...
BNC:BLX Both the current bear market top to bottom and previous bear market is within the same timeframe within a 2 week candle. Both the last 2 bull markets lasted the same time within 2 weeks. Nearly eactly 50% through each bull market was the top of an automatic rally (Wyckoff AR) or key pivot RH3. This would put the top of the next automatic rally at May...
Hello friends Today im going to show you a good reason for next Bullrun in Bitcoin. Pi cycle includes 2 Moving Average: One Long MA and One Short MA. when we devide this 2 MA the result equals PI number (around 3.15) The best Long MA is 471 DAY and the best Short MA is 150 DAY. I illustrate them in BLX chart and yo see the last 2 times that Pi cycle Bottom works...
In the chart you can see the following: a) blue lines are the halvings that BTC went through and the estimated one in 2024 b) the measure of time between each cycle low and halving c) how long it took to top out after the halving Hi everyone, I just want to share my view of the following years in Bitcoin. I am a long-term swing trader and I build my trades...
I've already posted a chart on the 4-year cycle for Bitcoin (link below). This is a more detailed look at it. At first glance, the previous cycle looks different from the current cycle except for some very basic framework, but upon closer examination, they are in fact essentially the same even at the specific parts. It's intriguing enough that it's hard to be a...
All the ideas are on the chart. You need to know that you should ignore if RVGI crosses in series, it only makes sense if it crosses after not crossing for a long time. I can see that I ignore a couple of things like we didn't spend all 365 days on bear market after last downside cross of RVGI, actually no explanation for that I just think from 64k to 69k in 7...