CRYPTOCAP:BTC is looking very strong on the weekly however we are early in the cycle. Some simple ideas here. 0.618 retrace level is broken pre halving which is a surprise that would have caused many to be sidelined. I think it is unlikely the market will let them back in anytime soon especially given the strong ETF inflows. Ongoing the trend will be Up when...
Thanks for reading this update. NEARUSDT seems to open a new cycle trend, this cycle trend can give NEARUSDT an unexpected break. we see that some positions are confirmed for the trend. We did expect before in the same way the Cylc increase of BTC. know that Cycles entering with building positions, and we did scan some of them. Let's see how this will affect...
Shows the current part of the cycle we're in right now by overlaying the same part of the cycle in 2019 in order to predict what BTC does next in 2024. Hovering over the 2021 bull run on the left will highlight whats happen to the present and you'll notice the semi transparent chart of the BTC 2019 on the right. The 2019 overlay includes the BTC bottom of that...
Triple top at 65K - Potential For bitcoin to continue the massive range between 65k and 30k, racing to 65k leaving people behind, 100k feels imminent once again during the consolidation, at which point alts get a chance to rally but it's cut short by macro once again. Alts get absolutely rekt and return to the lows while btc returns to 30k. Market bottoms on...
Hi @everyone, Here another BTC cycle comparison to our previous one. Cycles wont repeat excactly but markets are driven trough humen emotions (Fear and Greed), thats why they rhyme often. This is why many cycles have an indentical fractal onces you zoomed out and ignore the low timeframe noice. as a previous cycle doesnt give u any guerantee that it will do...
BTC - 350/1050 days cycles 1050 days or 25,000 hours to make it happen.
Speculative correction termination concept with 12k area as target which lines up well with prior posted regression analysis and macro shark harmonic PRZ. Blue line is 200 Weekly EMA. Circled regions emphasize recent bear market rallies. Looking for a rally in October towards the 200 weekly EMA at 26500 area, sharp correction towards Thanksgiving weekend nov 26,...
Looking at price retracements from prior cycle ATH's to ATL's we find bitcoin retracing slightly less each time. Regressing the sequence yields about 82.6% from Bitcoin's 69k cycle ATH, putting the projected cycle low in the 12 K area. Red channel is a potential channel formation to watch for. Arrows serve as a visual aid of waning trend momentum cycle over cycle.
Just posting some charts. We are close to cycle bottom but I don't know how exactly it's going to play out. Just shitposting ideas.
As we peaked in 2021 October 25/November we see the top area from 2013 Cycle top. Looking from this if whole global economy collapses to another support area BTC has a possibility of going to accumulation area from November 21-28 till February 20 2023 in the Price range of 6900-8k with a Possible top in 2025 at 30-40k zone.
Today we get some notable signals: + BTC price surpasses MA200W; + We have the first green histogram after 5 correction waves of MACD; + We are in the 17th month after the official peak of the previous cycle (Apr 2021); I think we are really entering a new cycle with an uptrend that lasts until 2025.
In the chart you can see multiple occurrences showing loss of momentum that in the past cycles resulted in further downside for BTC.
Past performance is not always indicative of future results but I don't have a crystal ball so I will use the data available to me in order to predict a timing and area of the BTC bottom for the current cycle. On average there is typically 1,380 days between halving cycles. The beginning of the halving cycle to the price bottom of that cycle, takes approx. 830...
It's looks like we are at the end of bear phase. This cycle Bitcoin cheated on us, it showed it's a bull until Nov 2021 but actually it was a bear from May. #BTC #Bitcoin
When looking at the EMA Ribbon ribbon on the weekly chart over the course of BTC's history, you see clear and regular pattern. The yellow only crosses below 3 times: once each cycle after the all time high. Then the ribbon fully inverts leading into the cycle low, which comes 12 months after the cycle high. As of now, the yellow has crossed, but the ribbon has not...
Take it with a grain of Coffee folks. This is just my way of looking at BTC and it might be deadly wrong, but its worth sharing from many factors. I took to place my analysis on many inputs including the following: 1) Historical BTC price action 2) Elliot wave with respect to the monthly chart 3) Peaks % and taking into consideration the % of ROI is becoming...
Simply measured some cycles and applied on the chart.
First of all you will say that this one is unreal, there is no chance for this to happen. Yes, chances are low but its not impossible. I am not sure if you where at the floor when BTC crashed and XRP made some huge gains in a couple of days. So did BCH as well, and the news were full with headlines like "BCH will takes the first place from BTC because its much...