Btccycle
BTC (Y19.P6.Video.B) Cont.MacroOverviewHi
Yesterday i posted the 1st of many planned video's to come.
The first video covered BTC at a high level, which encompassed the life cycle of Bitcoin and the many phases that make it up, which is based on my perception
and what I see from the historical data.
This video is to continue off from where I left yesterday to cover some other components I have observed with the bitcoin cycle.
To recap from the previous video, I pointed out the following
> The life cycle x2 and how we are moving to the 3rd life cycle
and why I think we are about to complete phase 1.
Now I talk about other components that I didn't cover or just slightly touched on
These are:
>Symmetrical triangle
>Fib.pitchfork which gives us a channel overview and to understand how we change trends.
>RSI
>Common baseline \ trend line for support
>Price pullback in the phases
I didn't get to cover or demonstrate the usefullness of Fib.Circles and its relevance to today.
Especially around the pivotal point of 0.618, =7400 price range and its significance.
That will be the video after this.
Please gives a thumbs up if you agree or like it.
Regards,
S.Sari /CyptoProspa
The Charts to go with this are here"
BTC (Y19.P6.Video.A.1st.of.a.series.of.videos) Macro.OverviewHi,
Yesterday, I attempted to present a overall assessment of BTC in the single video, which turned out to be bad for a number of reasons, most of all, the voice recording, it was terrible.
So I decided to break this presentation into a series of posts, each covering BTC from a specific point of view and level in terms of TA.
This video post covers BTC from a very high level, from 2012 to the present day and future, end of 2021.
I have kept this video at a high level so I can get a few key points out.
The next video will focus on Year 2019 and were we are at.
I have also added links here for recent BTC TA, if your interested and these do fit into the next video in terms of reason and the argument as to why we are moving away from a down trend
and back to another bull run (Phase 2. watch this video to understand).
So please have a listen and I will happy to respond to any questions or points that you want me to cover in the next video.
PS> I played back this video prior to posting it and it sounded good. I switched the microphone with a quality one and deactivated the mic component on the bluetooth speaker so it just acts a speaker (BOSE speaker + also acts like a microphone).
Fingers crossed, it uploads with no quality loss.
The next video post, I will demonstrate the usefullness of Fib.Circles and its relevance to today.
Especially around the pivotal point of 0.618, =7400 price range and its significance.
Please gives a thumbs up if you agree or like it.
Regards,
S.Sari /CyptoProspa
BTC decisive move 23/25th AprilBTC will make a decisive move around April 23/25th. It will either go up and break out at the end of this triangle or go down to form a new bottom in the 4000 area.
I believe BTC is already in an uptrend channel and consolidating right now to built an important resistance level and than confirm upside direction around 25/26th April.
I don't anticipate a mega breakout but it will close its downtrend cycle and start a new uptrend cycle. It will take time to rebuilt its value back where it was once, the longer it takes the more stable BTC we will have in the future.