BTC cycles analyseMy ideas (cycles)
There are 3 bubbles. End of the pump is a beginning of the dump. The first one has a length for 17 month. The second one - 34 month (twice increase). If the third one is also three times more than the second one, bullish run starts in summer 2020.
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At the beginning of the was halving. The next having will be in spring 2020
twitter.com
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Months to peaks of 1st, 2nd and 3rd cycles:
1st - 15
2nd - 4 (5 times faster)
3rd - 28 (7 times longer)
4th - 9 ??? (5 times faster)
4th high(130k) in spring 2021?
Bubble
Another Bubble forecast ;)An admittedly quite optimistic bullish scenario. I think we are right on track for the formation of another bubble a la April 2013 and November 2013.
Notice how similar the runup from the low this year, has been to the July low last year.
Then compare the astounding similarities in the RSI. Other people have pointed out other similarities between the three bubbles.
Because the last bubble took longer to "deflate" compared with the one from April 2013, this bubble cycle will probably take longer to build up, hence we're a bit too late for the new ATH.
Have fun! :)
Dow, S&P 500, Nasdaq and Bitcoin comparrison In the unlikely event that the legacy markets crash lol and the world becomes awakened to the truth about central banks and the control they have over the world, this chart seems to be one way to expect things could go in this digital world we live in. Kinda weird that crypto is at the bottom as legacies are overvalued & teetering with fear as the driving sentiment. Just my 2 satoshis
Projecting 2011's bubble over 2018's bubble. I copied the fractal of the 2011 bubble and roughly scaled the speed to match our bubble. It would put a bottom in January 2020.
I was thinking.
Why would we bottom earlier than the 2014 bear market? Wouldn't it be more logic that the cycles take longer now? More money is involved. The 2011 bear market took half a year, The 2014 bear market took roughly a year , so may be this bear market could take over 2+ years .. Who knows..
2011
2018
Falling or growth?Hello!
The situation on the Bitcoin continues to be not very good . We observe a strong discharge, which practically does not stop.
Where are we going? If we pursue the indicators, it would be ideal to get a sharp rebound of 100-200 points from the current, after which it will sink to 3000. Then all the timeframes on the indicators will be unloaded and a confident fall correction can start.
We waited for a long time this correction, but we still don’t get it. And we will not get it until the price finds a confident level of support , and in such a situation it may not find it for a long time. And no, we do not say that the decline will continue up to $ 1,000, we just say that a more or less confident position in long can only be recruited when the price stays at least steady.
If viewed locally, it is likely to be flat. Flat in the range of 200 points in order to gain strength for further movement. It is a pity only that there will probably be movement following the trend, but it is descending here.
Now it’s quite risky to take large positions, because the market shows crazy things because of a lack of liquidity.
Thank you for your attention! What do you think about the market? Welcome to comments!
Road to 4k update, capitulation soon? Congrats to the few that stayed bearish with me hehe,
We finally broke the wedge we p&d in for over 6 months. As expected the massive support around 6K got slaughtered with a red dildo, this is where we find fear in bulls hands. BTC -9.89% finds some support of the 1sept 2017 top at 4950 together with the 76.8% retrace. I expect BTC -9.89% to trade in this falling wedge for the coming months, breaking supports step by step while capitulation hits. We have a lot of supports in the 4K area but we may even drop further and kiss 3.5k under the mean to start gaining strenght again in 2019.
Major supports:
4950: 1 september 2017 top
4650: 78.6% retrace
4450: performed as strong resistance in september 2017
4000-4450: lots of small supports
3400: 38.2% retrace of the sept 2017 high
3000: double tops at 10 june and 20 july 2017 + low at 13 september 2017 that got bought with force
2390: 61.8% retrace of the sept 2017 high
Don't get fooled by longing in this bearish market but don't give up the hopium ;)
Continued BTC/USD fall, facts, and suggestions.
It's a volatile week. Our previous chart showed a continued collapse in the price of Bitcoin, yet, we're not close to being stable or safe. The entire cryptocurrency market must be restructured. The market needs a reset and these abandoned and dead coins need to vanish before cryptocurrency can even be considered to trade again. Get out, even if profits are small or slightly upside down. Its going to come in for a total reset. This market does not share the fundamentals of the past collapsing of Bitcoin. Back then, Bitcoin was on very few trading platforms and Bitcoin was essentially alone. Today, Bitcoin is listed in with the stock market, and is competing with over 2,068 other coins. Here are the facts:
Bitcoin is not as safe as once described: Its been hacked, stolen, and manipulated.
Bitcoin is not as fast as once promoted: It can take up to 72-hours in some cases for transfers.
Bitcoin is not as cheap as compared to Forex transfers.
Bitcoin is losing footing with companies that once accepted it as a form of payment.
The cryptocurreny market is a bubble, it needs a massive restructuring. The bulk of the 2070 coins are abandoned, dead, or scams. They must be removed, de-listed to regain investor confidence.
Get out, wait it out. No, we're not saying "hodl" we're saying sell and wait till there is some sort of reset of the cryptomarket. The dead coins must vanish because investors are over saturated with coins to invest in. When there is too much of something, it becomes worthless. This is true of any asset. Only precious metals are truly limited, thus can grow in value. Crypto can fork a million times, multiplied by the number of "limited" coins.. you can see how this "decentralized" cryptocurrency starts looking an awful lot like fiat currency. Infinite supply. Be smart, invest smart and see the signs.
Original Chart
Want sub $3k? Build a Bull Trap to $8kIf you want to play with the big dogs, you have to bark like one.
Everyone is waiting for lower prices. When the retail traders see the discounts slipping away, they will quickly start piling on the market buy orders. Our trend will then create the feel of a false downward breakout of the large yearly descending triangle (in green), and create the illusion of a new bull market.
Don't get caught in the trap. HODL until $8k, then take your profits, or someone else will take them for you. The bubble will pop, just not yet, so be patient.
-racethehair
Micro Bull / Macro BearCreating a bulltrap is the best way to take BTC lower.
Our ultimate trap would be high of $8k on this run, and just as quickly as it went up, bag holders and FOLOs (fear of losing out) will ultimately sell to sub $3k.
Alts will make 3x - 5x more gains during this final uptrend. But the bubble has to burst. What better way than to build the final bull trap for all the retail traders. Don't fall in the trap. HODL your bags until $8k (end of Dec/beginning of Jan) and take your profit, or someone else will take it for you.
-racethehair
This Holiday Season... Give the Gift of LitecoinYou forgot all about Litecoin didn't you?
Since so many Bitcoin charts are focusing on the comparison of the 2014/15 bubble with the 2017/2018 bubble, I thought it made sense to take a look at its little brother. So there seems to be an established support/resistance level around $30. This coincides with the top of the previous bubble and the resistance level on the way up in early-mid-mid 2017. No way to say for sure that this will hold, but its a zone to watch in the coming months. A repeat of the 97% drop would put us around $10. I think the $30 level could hold as its cycle seems to be slightly ahead of Bitcoin's and the RSI is nearing the previous lows which occured right at/near the bottom giving way to capitulation. I find it hard to believe you'd dump at $30 if you bought at $370 but some people will.
I have called this a "long strategy" but really this is just a set a reminder for yourself to check the price in January and see if the pattern still exists. This is just an idea, not investment advice. DYOR, and good luck trading!
Tax-cut Euphoria Bubble causes turbulence There was a statistically significant bump-up in the stock market following Trump's presidential victory. (*) In 2017, the positive slope of support clearly increased from long-term under Obama (2009 to 2015) forming the shaded area I'm calling a 'bubble' (not to mention the parabolic slope above it). I expect this was due to anticipation that tax cuts would stimulate the economy. However, the exuberance was excessive, an overestimation, and long-term support is more realistic wrt GDP. I expect the turbulence we've seen since early 2018 reflects the tenuous value of the overestimation and the weight of the long-term trend keeps the bull tethered.
The red star isn't so much a prediction as pointing to the 'attractor' that's pulling the market forward along a turbulent 'flat' trend, trying to guiding it toward on a more realistic track. Tax cuts and deregulation may produce real increased GDP growth, causing the trend will rise higher than the red star. Let's hope! And let's hope things don't fall lower than the star!
(*) archive.is
www.washingtonpost.com
Zilliqa - Awesome buy level with min.90% profit pot.There was a time when EVERYBODY talked about Zilliqa. They said it is a coin with the best technology out of all of them. When do you think it was?
Yes, you guessed it - it was during the April when Zilliqa went like 600% up and was one of the biggest gainers of this period. But all coins have ups and downs, even "the best ones" in technology, marketing, idea, or even with the best use case. So did ZIL when in following months we saw dip 90% of the price.
Interesting is, that when the price was at around 0.18, I saw folks posting that they just sold most of their portfolio into Zilliqa, because they found out how valuable their technology is. Were they really interested in technology, or were they just greedy? :)
Anyway, as the dip followed, we can see now a true example of the "bubble scheme". After a steep rise of value, the price goes very quickly back on the levels where the hype started. Usually, it dips even a little bit below the starting price and there is a long period of very low volatility afterwards. Just before the next bullish cycle is prepared to come. Yes, we are now in the low volatility area.
Well, I´d say this chart is not a big brainer. We are copying the bubble scheme, sitting on the strongest support and moving around point of control of the whole history of Zilliqa. During recent weeks there is higher volume too - that suggests we are in the accumulation phase of smart traders. The Stochastic indicator is in a bullish divergence.
For me, there are clear signals of next bullish move coming shortly. I´m not setting a SL here, because for me this is just a buy and hold scenario. I don´t care if we dip 20% lower before as long as I will be able to sell with at least 90-200% profit. This is mid/long term and the outcome is either 0 or double (and more) the investment.
The coin didn´t lose anything from its fundamental value. It only lost price. that means that you are buying "the best technological coin" (whatever that means), just 85% cheaper and on technically great levels. But nobody talks about it anymore, because it´s just not trendy now. But honestly, I am aiming for more than 100%. The area of 0.094-0.105 is the most important level. If we can cross it, it will be huge.
If this analysis helped you, please like it, or even share it with your friends. Zilliqa is valuable and the more people find out that NOW is quite a good entry point, the better.
Lumber Futures' Incredible Parabolic RunAlmost always, when something goes parabolic then breaks its trend line, the aftermath is brutal. Bitcoin too. Tulips also. Uranium. Gold. Silver. Oil. Etc.
Know this pattern, and profit from it.
-Ian
Dow Jones + The rest of the worldThese are my views on why the Dow has probably topped out.
All markets tend to follow the US markets which is why a crash in the Dow Jones will likely result in a crash worldwide.
My arguments are presented below:
FA:
- Longest bull market recorded in history
- US debt is worrisome +21B debt (dollar in trouble?)
- Private debt ATH (particularly US student loan debt is worrisome)
- Enormous geopolitical concerns (need I specify?)
- Severe overvaluation of stocks
- Interest rates have been on a steady rise
- US imposing Tariffs
TA (see chart):
-Fibonacci resistance fan is hit every time a major crash has occurred since the crash of 1987 (confluence - see below)
1. Big Volume drop
2. RSI massively overbought (usually happens before crashes, see the downward trend)
3. VIX topped out (usually does before crashes)
This is not financial advice - DYOR
Yours truly //Pman
NASDAQ / D1 : Parabolic risk taking... problems ahead !NOTE : Sorry I misplaced the trump's election in the timeline... Sorry about that little glitch !
Hope this idea will inspire some of you !
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Kindly,
Phil