GOLD & BITCOIN OUTLOOK for the ppl saying that TVC:GOLD is outperforming CRYPTOCAP:BTC Well... not really as you can see at a relatively big timeframe on this XAU/BTC chart what is happening now ? well XAU had a rebound mid March, making a +66% pullback, it seems a lot but as you can see during august 2020 it felt 85% ! 1. made it to the previous...
In this analysis I want to take a closer look at previous bull-cycles and Bitcoin's behaviour in the months following the halving. The vertical yellow line is the date of the halving. The purple rectangle is the price action of the 160 days following the halving. We can very clearly see a few interesting similarities between the last three cycles: - The price...
Each Bitcoin boom has ended in about 85% draw down in 2014 and in 2017. Right now the drawdown is at 75% for the 2021 cycle. If we see a similar drawdown of 85% it will be at around ~10000. My guess is that will not happen and that our current 75% draw down is what we will get this cycle but if we get a drawdown to the low teens I'll be backing up the money...
Bitcoin is turning bullish on a weekly basis for the first time after a deep red bear market phase. This is a huge signal and usually indicates the beginning of the next cycle. I have marked the deep red phase in purple and the first weekly signal with an arrow on the chart. This is the first phase of the cycle, so I would not expect any crazy end-of-cycle...
Bitcoin, like any other asset, can experience price fluctuations driven by various factors, including market sentiment, news events, regulatory changes, and technological developments. Some individuals may seek to exploit these fluctuations for profit through strategies such as quick dumps (selling off large amounts of Bitcoin rapidly) and buying when prices are...
Let's play to see the future. It's just a game, but it rhymes with previous #BTC cycles. From the beginning of 2024 until the moment of the halving, as in previous cycles, I think we could suffer a #BTC correction of between 20% and 30% at most. Then a not very aggressive journey will begin where we will move away from the average of 200 weekly periods until we...
In this analysis I want to shed some light on the fact that the 2-week is an amazing tool to determine the start and end of Bitcoin trading cycles. In this specific example, I'm comparing all three previous bear-markets. Note that the MACD has performed in a very similar fashion. The first bearish cross confirms the bear-market, and the first bullish cross...
3 years since i posted on TV. No better moment to be back. The moment we've all been waiting for. The golden RSI breakout. After another completed cycle we summon the kickoff of the new 2023-2025 bull-run. Enjoy the ride the coming 2 years.
Hello everyone! BTC is close to forming a double bottom on the weekly TF at 18.5k suggesting potential cycle bottom and the opportunity for reversal. If it is able to close above 2017 ATH level of 19.8k double bottom is validated but invalidated if close below. With that, it is close to meeting with the downtrend that started in November at ATH and been...
Imagine shorting Bitcoin here after 55% dip because your stupid friends are in panic and they told you it's a scam. Close the charts and come back after few months at new ath and watch how they are fomo all in with everything what they have. Always same story, I refuse to sell here, fk you bears.
This analysis is not intended to be a piece of financial advice. It is affirmative to believe that Bitcoin Cycle Bottom is technically formed and found. The market may show some rally, as well as a reversal to retest the Cycle formation so the swings will benefit. Markets may anticipate some relief as the labor report is above expected numbers. The next interest...
I want you guys to tell me when Bitcoin could possibly reach its next cycle top. I have three suns illustrating where this may happen. Out of these three which one do you think it will be?
This illustrates the cadence of the 4 year BTC cycle.
Hello . Before I start, let me say that I did not put those numbers on the chart like this by chance, each of which indicates a state of the market (I will explain later) What are the truths that exist : 1. The price is close to key support - we will probably see a fakeout which is good :) The reason is that everyone is waiting for the price to support and...
This cycle ends with an ending diagonal at 68 k. I expected the top to be a little higher at around 75 k but short and long term the elliott wave count is potentially completed. Next short term stop could be 48 k. The long term is unpredicable but this could be the first major correction of the bitcoin price. I rather watch the markets step by step, so let's see...
Ok guys, based on a possible change in the Bitcoin cycle (look up Bitcoin Expanding Theory by Nicholas Merten/Datadash) I am going to update my Kin chart based on this expanding theory going into November 2022. I have a high of $0.01 for Kin but it could go higher considering that Bitcoin could hit a peak between $300k-$500k. This is a 3-day chart with a Cup and...
Here Yearly 4x60 Day step + about 120 Consolidation. What are market cycles? A market cycle refers to a pattern or repeating trend that happens within a financial market. A bull market followed by a bear market is an example of a market cycle because it's a pattern that has happened many times in the financial markets. There are many different types of market...
Saved for later, i think this makes sense. I think we will go around $200-400k this cycle top and next bear bottom could be around $30-60k.