BTC 2 Scenarios before Breaking 37k 33kHey guys
If u were following us - u would know that we has 2 scenarios for btc to break 33k
1st:
2nd:
in the first one u can see the date of next bottom
its around 20th 21th Marth
Or it can happen before this dates
Which means - we are gonna have the next bottom in the next coming week
and i think the major Bottom can be around May - Maybe 10th to 20th of May - Exactly it could be 14th according to 1st analysis and this old one:
Then we can think about Buying and holding the BTC & Altcoins for longer terms before the next dump
Anyway we can discuss about that later
Have a Nice Week
BLX
btc 3-10 update ~good afternoon ~
after further observation of the price action we've had for weeks, and a deeper look into dozens of other charts - i have to lean extremely bullish going forward.
I think btc is in somewhat of an accumulation phase down here.
I'm going to make a little video later today to discuss this in more detail, but overall - i think once this little triangle is completed, we're going to run to around 60k; potentially into april\may.
"The wicked triangle" - update.Hello o/
here's a bullish proposition.
back in november i turned bearish
via:
and we've come a really long way since then.
so i'm going to go ahead and make my bullish prediction as of right now.
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this is an update to the wicked triangle case that i shared awhile back
via:
basically implying that we're in a larger accumulation phase on a weekly timeframe, which had begun way back in april of 2021.
this scenario basically suggests that once this larger abcde is completed, it will put a larger wave 4 in place
followed by a parabolic move to the upside which takes us well over 100k to finish that larger wave 5 we've all been waiting on so eagerly.
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it isn't going to happen overnight, triangles are slow and boring, and make people lose hope
but i'm here to say
don't give up right before the move.
🥂
BLX / BTC ComparisonAs price hits the middle of the channel, this analysis shows how price still has the potential to extend from here to the top, as it has done in the past (indicated with green)
We are in a massive channel, right now as price is close to the major lower trend line , an entry point arises
Some of my older posts, below
Show a large parabola, this line is currently being tested if it hodls and bounces strongly continuation up is likely
Here are some more analyses
BTC close short and long itIn this Areas - we can try to long BTC
we shorted BTC from 44K To 40k (as u saw the last analysis)
I just closed my short - i think i m going for a long to 53k which was my 3rd Scenario in this Analysis
but if 33k breaks - then we are probably in terminal - otherwise we are in Triangle
I m Also Longing CELO + ETH
If we are in Triangle (BTC) - then Altcoins like celo will pump very well (the pump already started from 2$ for CELO)
Market is Dynamic - so thats why we need to update our scenarios - 1 Candle in 1 min Timeframe can always change the whole story - so we go step by step
btc 3-9 update ~good evening,
i mentioned in my last update that we'd see a short squeeze if the previous high was breached
and a short squeeze we got.
despite the little squeeze, 'm still looking for 35k in the week ahead.
watch the local golden zone for a potential entry tomorrow.
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there's an alternative path as well, which takes us up to 50k.
it is a lot less probable than the bear projection, but keep it in mind just in case.
stop losses, always.
✌
btc 3-8 updategood afternoon,
btc seems to be playing out an expanding diagonal as of right now
currently in a wave e (in theory)
wave E invalidation sits at 39536.0, if this level is breached - we will see a short squeeze to the upside.
so long as this level is not breached, we should see follow through to the downside from here to anywhere between 35~34k.
btc 3-7 update ~morning,
the idea i shared last night seems to be at play.
looks like we're playing out a wave b of that D wave right now through an expanded flat.
might go as high as 40k, before dropping further into wave c to about 34k.
once this move is completed, i do expect a move up to complete the triangle into wave E before a deeper draw down.
btc 3-6 update 🔻good evening,
coming through with some bad news here.
btc does not look so hot breaching the local golden zone as i type this.
there was no absorption \ no demand in one of the highest areas of liquidity, which is not a very good sign for the bulls.
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i've to deviate from my bullish approach towards the market as of this moment, and lean towards this idea which i shared last week via:
I call this scenario, the wave triangle.
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i've noticed over these last couple of weeks as btc continued to range sideways, that there was no real momentum behind any of these moves.
we've continued to build bearish divergence on the larger timeframes, and we are currently about to backtest the monthly 21ema yet again.
it isn't going to hold forever, so i do expect a breakdown eventually which will take us to about 24~20k.
this is not something many people would ever think of happening, and it will surely catch a ton of humans off-guard.
as of me typing this, 97.1% of the cumulative market is net long.
2.79% of the market is short.
think about that for a moment.
✌
BLX Thoughts Current - BITCOINCurrent thoughts on the mind when looking at the BLX chart, price has reached a weird place in its constant evolution
The most right red dotted line is where the bear move should continue to if we have experienced the top, but that would violate the BLX Channel indicator using
I would like to see bull continuation personally
52kgood evening,
i've gotta lean just slightly bullish on btc from here.
this is a scenario i favor very much, and it fits the narrative quite nicely with the traditional market as well.
if this local golden zone can hold, which i do believe it will - i'd be looking for a move up to the larger golden zone at 52~53k.
💸
btc 3-4 update (key levels)hello o/
now that bitcorn is in a downward spiral, we can easily disqualify a few of the bull cases.
here's a bear case which has a pretty high probability of playing out ~
i've highlighted this idea many times before, and i've gotta bring it to your attention once again.
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another one that i am a big fan of is the wavy triangle via:
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there might be one more that i'm missing, but i'll leave a short-term bullish alternative as well - just in case.
and of course, if the local golden zone is able to hold, it might be able to make a push to 47.7k.
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overall, i lean toward the idea of btc dropping sub-30k before anything substantial takes place.
✌
BTC the 3 Scenarios that we had from weeks agoHey guys
as our last analysis - we had 3 scenarios - lets take a closer look and make an update for these scenarios
1: This was our first analysis that we thought we have a trending impulse (which has 5 waves):
There is no update needed for this analysis anymore coz We dont have trending impulse anymore (The Red Waved Scenario is out)
2: 2 week ago - we published our second analysis - That we can have A Terminal impulse (ending diagonal) which we said its less likely:
Coz it was more like a Trending Impulse vs Terminal
But now we can count one this scenario more
Lets take a look at this scenario (The Blue Waved Scenario):
If we break the Bottom Red Box - We ll have the LL (33k)
Then we can Be sure this scenario is going to happen
Target for this scenario after the 5th wave of terminal Ends, is : 51k
Note that: if we are in this scenario - We must Break 33k (at least) - So we can short it to 33k - then close the short and wait to pattern completes itself to Buy with 51k Tp
3: 3rd Scenario that we promised to share it couple days ago is this (Black Waved Scenario):
In this scenario - We have Triangle - And We expect C to ends above the 33k - between 39k to 37k and Long to 80k / 90k - first tp for this scenario is 57k
So - What am i doing?
As i said before - i m shorting BTC from 44400
If i see the weakness of sellers in the area between 39k to 37k - i ll close my short position
otherwise - i ll hold my short to 33k and the next lower lows
or simply - after we reach below 39k - i ll set my sl above 39.5k
and 25% tp in 38.5k
And wait to see if we go up or down
if we go down - we ll take more profit - if we didnt - we ll close the short with Nice profit anyway
And plz dont forget to press like bottom for more updates
Thanks
Have a great day
Cya
not for the faint hearted.morning,
btc rejected a key level and was sent tumbling down.
momentum slowly faded over the last few days, and the most important level which i talked about recently was not able to be breached to the upside.
i'm starting to lean with the idea that btc is playing out something far more sinister than most people are currently expecting.
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we are hovering above the 21 monthly ema for the second month now, similar to what happened back in 2018.
i am expecting more sideways chop on the larger frames before a full on break down \ backtest of the 55ema on the monthly frame (in the mid\low 20k range).
if it'm right about this triangle, we should in theory see a few more weeks of re-distribution before it truly does break, and take away everything.
ps. there are still valid bull cases at play too, but they have lost merit this morning.
"the alternative scenario"this has become just an alternative scenario as of now,
you can probably just skip this one.
update to 👇
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this particular case i have been talking about for a long time now,
it implies that we're playing out a larger wxy which had begun back at 67k (not the absolute top)
while i still do favor this idea, it is close to being invalidated.
if this was to play out, we'd basically see a sharp move to the downside in the days ahead; if we don't get it soon, consider this idea deleted forever.
wave C target = 33k.
BTC - Triangle patternBTC - Triangle pattern
In this scenario: A = E / C > E , A
Minimum expected Tp after the end of(E Point): +75% of the longest leg which is D here
Maximum Tp is for the end of possible C Wave
Minimum Date for the end of Wave C is + 8 March
Max? Idk - it depends , but max for sure is before then Late November of 2022 (quite unlikely)
And do not forget - this is just a scenario which can be wrong ( but i m sure about the short to 30k or lower anyway)
i have 2 more - shared the first one before the start of pump to 45k and dump to 34k (a month ago):
I ll share the 3rd one later if needed
Keep calm & Short BTC xD
GL HF
BTC - The Next Big short ScenarioWe Do not afraid and keep shorting The big Boy (BTC)
We predicted that we will have +42k High again in the last analysis
but price went to 44900 and its still ok coz we had another scenario for short
Yes trend line is broken , but this means nothing
But if we had something like New HH, That could be a problem (+46k) ( Could means Maybe or Maybe not)
So I m shorting it again Bro xD no worries
cya in Bottom xD
btc 3-1 update~morning,
btc is attempting to see a bullish expansion here, which would invalidate 2\4 cases i had presented last night.
critical moment here.
42811.0 cannot be violated if it's going to attempt to expand to 48k (to put in the 3rd wave of a higher degree) via something like this:
if this level is violated 42811.0, it might obviously try again, but the chances of this happening would become quite slim.
more likely than not, if it cannot hold bullish structure, it will retrace back down to the range lows via something like this:
if 48k is reached, we will eventually see a move up to 53k to complete the larger mean retracement.
bull trap?a lot of people think the bottom has been put in,
and while this is entirely possible,
i bring to you a few cases which disagree with this idea.
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scenario #1 is "The bull trap"
is the one i've got displayed on my chart
it implies that the summer move was a 5 wave impulse which completed a larger wave 3,
and now we are in the middle of a massive wave 4 correction via a W-X-Y (3-3-5 or 3-3-3) which completes near the end of july \ beginning of august closer to 22k.
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scenario #2 is "The wicked triangle"
i talked about it last week via 👇
this idea implies that we are also in the midst of a larger wave 4 correction, but in a slightly more deviant way.
a triangle creates uncertainty to both bulls and bears, and shakes them both out before a massive move to the upside takes place.
picture a bull flag, but on a grand scale; that's precisely what this would be ;).
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scenario #3 - the least likely as of right now
talked about this in some of my recent videos, but it's lost it's level of probability, so you can probably just ignore this one.
though, if you are interested in another potential scenario; this one implies that we are playing out wave b (of an abc to the downside) of wave y of Wave Y of a higher degree to complete the same larger wave 4 correction as the wicked triangle scenario.
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the idea i've got displayed on my chart is the one i favor the most of these 3 as of this moment, but my bias is very liquid, and can change if the chart tells me a different story along the way.
✌
btc 2-27 update ~good evening ~
i see two scenarios at play over here,
scenario #1 - the bull
(the one i currently favor)
implies that we are backtesting the bear channel right now via a wxy of a wave B \ will see a move up into wave c in the week ahead.
bull target = 43k
scenario #2 - the bear
implies that the local golden zone will fail to hold \ bears will take back control.
bear target = 31k
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have a great week 💸
Crypto Outlook for 2022 and 2023Posting so I can look back at my analysis. This is my outlook for 2022 and 2023. I believe we will see a BTC peak late 2022 or early/mid 2023, then alt coins will rally shortly after. I speculate the BTC/USD evaluation could reach $180K.
Some uncertainty around the current global state and foreign affairs.
btc 2-26 (bull case)good evening ~
after further assessing the wave structure and observing the weekend move - i've gotta lean slightly bullish just based on what i am currently seeing here.
while my short term bear case is still possible, the probability of it is a lot lower than what i am currently presenting here tonight.
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this case would be the beginning stages of wave D of my "Wicked Triangle" case which i shared a few days ago via:
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long term count (from the triangles perspective)
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and it would look a little something like this on the smaller frames:
could also come up in 5 waves; both would be perfectly valid.
time will tell what this move turns into, for now we just gotta take it a day at a time.
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if we are indeed playing out the wicked triangle, then things will get very complex as we continue moving along. consider this a rough draft of a work in progress.
it's also possible that this a-b-c turns into a wave B\2 setting us up for an impulsive move to the downside instead.
via something like this:
or a 3 wave move via:
we take it a day at a time, and see how things look like as the move progresses.
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ps. i'd like to be very clear - while i might be short term bearish at times, i'm very bullish on crypto in the long term.
ps2. i am still hanging out in cash until things look a bit more clear.
ps3. i shared a ton of data on here just so you guys can see what goes through my mind each time i take a look at a chart. the markets are never linear - remember this. there could be 10, 20 cases at times at play, and it is up to me to eliminate the ones which get invalidated, and present the ones with the highest probability over time. i can't always be right, i'm just a human, so do bear with me while i do my best lol.