Once in a while I like to discover long-term predictions and analyses for the crypto market. For the current analysis I want to look at (logarithmic) Fibonacci extension lines. I found out that the 1.272 and 2.272 extensions are seemingly very important for the last two cycles. The Fibonacci extension is measured from previous cycle top to next cycle...
With this analysis I want to shed some light on where we currently are in the fourth Bitcoin bull-cycle, compared to the previous three cycles. I measure the cycle from low after previous cycle to high of the cycle. There are different ways of drawing the cycles (comparing halvings for example), but for me this one makes the most sense. There's several very...
This is my chart prediction of the Cycle top. Time will tell.......
This is amazing news. We are following this fractal perfectly. Get ready for a wild ride. I am looking to take some profits in the high 2000s to put into bitcoin when the ETH/BTC ratio is at its peak.
YOU CAN ZOOM THIS CHART BY ADJUSTING THE RIGHT SCALE OR TIME SCALE. DRAG THE CHART AROUND TO SEE SPECIFIC AREAS ONCE ZOOMED IN. The LTCBTC cycle helps to clarify what part of the BTCUSD cycle we are in. Make your own inferences. My goal here is to time BTC cycles, not to trade LTC, though this chart could be useful for that also. The yellow boxes labeled "A"...
_______________________________________________________________________________________________________________________________________ Hello traders investors and community. There is an interesting observation which i made and want to share with you today. It is revealing the magic bitcoin halving-cycle in which we seen huge growing of price after the past...
This Overview is from the Fall 2018 and still working for me as a guide...
So far, this bearmarket is remarkably similar to the 2014/15 one. So much so, that I often think: This can't be, this is too predictable. Ok, sure, the exact behavior is different, spikes and dumps occur not exactly at the same times and the fractal looks a bit different. But the general behaviour is the same: 1. Slow grind down along an exponential falling...
BINANCE:ICXBTC
Current analysis on the market cycle of Bitcoin. Feeling angry yet people?
This one is pretty self-explanatory. I drew the logarithmic trend channel, and drew a repeat of the 2013 cycle. If such a thing were to occur, the new target estimates are 50K for the first top, end of december/ beginning of january. Then bouncing between 10K and 30K for a few months like in summer 2013. Then the end of this hype cycle at 100-200K. Then a...
After a new low at the end of bear cycle, market corrects in 2 waves to 61.8% from the previous bearish cycle. The bearish cycle in this chart begins after 3 requirements are fullfilled: 1. Break the bullish trendline of the correction from previous bear cycle 2. Break down the last month's daily EMA so that it becomes resistance 3. RSI breaks solidly the 40...