BTC This cycle might actually be different.Bitcoin this cycle looks completely different than any previous one. We have never in the past gone up so high before the halving. There is no saying what BTC will do if we brake ATH pre-halving. Also the price mostly is driven by retail and ETF's no institutional buys yet. Google searches for "BTC" "Bitcoin" "Crypto" is still almost at all time lows.
When we try to chart, from now on DO NOT LOOK AT THE PAST CYCLES. It will mislead you.
Also indicators will try to screw us soon, so focusing on using more advanced tools than basic RSI will be needed. One advice - Learn to you Bookmap to understand what and how to follow BTC on there.
Cycle
STG( STARGATE ) CAN ENTER NEW ALL TIME HIGH $5 SOON!Thanks for reading this update.
We expect that there is a high chance that STG will enter $5, since the confirmation for the cycle trend.
STG can show unexpected targets.
We will follow this coin for new ATH
We have made this study exactly on the way of WLD.
We did check the previous coins that made the same increase effect, the same data we used on STG for the high possibility. > There is a building trend making on STG.
For the cycle trend, we don't check the low time frame, since the real trend is the main trend. The cycle activation is done on STG and will follow the trend of it.
For day updates and low time frames check this update:
BTC is dumping fast.Bitcoin, like any other asset, can experience price fluctuations driven by various factors, including market sentiment, news events, regulatory changes, and technological developments. Some individuals may seek to exploit these fluctuations for profit through strategies such as quick dumps (selling off large amounts of Bitcoin rapidly) and buying when prices are perceived to be low.
Here are some motivations and opportunities associated with such strategies:
Volatility: Bitcoin is known for its price volatility, which can create opportunities for traders to profit from short-term price movements. Quick dumps and buying cheap can be strategies employed to take advantage of these fluctuations.
Arbitrage: Differences in Bitcoin prices across different exchanges or markets can create arbitrage opportunities. Traders may exploit these price differentials by buying Bitcoin where it's cheaper and selling where it's more expensive, profiting from the price spread.
Market Timing: Traders may attempt to time the market by selling Bitcoin during periods of high prices (quick dumps) and buying when prices are low. This strategy involves predicting price movements based on technical analysis, market trends, or fundamental factors.
Scalping: Scalping is a trading strategy where traders aim to profit from small price changes by executing a large number of trades within a short time frame. Traders employing this strategy may engage in quick dumps and buying cheap to capture small profits repeatedly.
Risk Management: Some investors may use quick dumps to manage risk by selling a portion of their Bitcoin holdings when they perceive the market to be overvalued or when they anticipate a price decline. They may then buy back at lower prices to increase their Bitcoin holdings.
It's important to note that while these strategies offer potential profit opportunities, they also come with significant risks. The cryptocurrency market is highly volatile and unpredictable, and trading strategies based on short-term price movements can result in substantial losses if not executed carefully. Additionally, regulatory changes, technological vulnerabilities, and market manipulation are factors that can impact the success of such trading strategies. Therefore, individuals considering engaging in these activities should conduct thorough research, use proper risk management techniques, and consider consulting with financial professionals.
This cycle pattern on AUD/JPY hints at risk onAUD/JPY is holding above its 100-day EMA, and so far it looks like the spike lower last Thursday will be left unchallenged.
This is more of an interesting observation than anything else, but... since July AUD/JPY has printed a prominent spike / higher low every 40 - 47 days. If that pattern is to hold, is suggests the next trough could land at the end of May / beginning of April.
Given it is a proxy for risk, does this support a Wall Street rally which currently sits just off if its record highs? Growth outlook remains positive, inflation is falling and the BOJ are unlikely to shift away from an ultra-dovish policy.
As long as any currency gains against the yen are not too aggressive, perhaps AUD/JPY is looking at another crack at 98. Although a feature of this 40-47 day cycle is for gains to be erratic and choppy before producing a sudden selloff into its spike low.
BTC ON THE WAY TO 48K WITH THIS CYCLE TRENDThanks for reading this update.
BTC seems to enter an important volume where we expect that BTC have a high chance of breaking the 48K soon.
Remember. There is not way that is going directly to trend, BTC will play all possible trends to go to the goal. The trend is your friend.
44K is a key level and same time a break level for new volume which will make the trend bullish.
Our data shows us that the possibility that BTC will break is high.
BTC has been since OCT 2023 in a cycle trend that still is active.
We did expect before the breakdown of BTC with the same data to below 40K
And with the same data we did expect before the increase below 40K to 43K
The new update shows an expected 44K which still is running.
BTC plays in zones, the best way is the turtle way with following the right trend
This is not trading advice and guarantee for the trend.
Are we here or there?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 trad-fi markets are open, sideways when they are closed until the inflows decrease.
Spot is driving the markets so open interest and funding rates become less important. Any pullbacks will be mostly on weekends and short-lived to wash out overleveraged longs and provide liquidity on the buy side for the big funds.
Very bullish until I see a strong signal to oppose this. Things to keep an eye on is an influx of retail froth, a rotation to alts, Strong macro/tradfi headwinds and the usual suite of on-chain tools i'e whales selling, LTH taking profit at high levels.
This cycle as we have only seen retraces of %20ish o far it hasn't really be worth trying to time pullbacks in my eyes unlike previous cycles where they were often %40-%50. This gives further credence to the bullish narrative.
Hold on, enjoy the ride, set targets and take profits when you start feeling emotional.
GLQ BREAK POSSIBLITY $0,08Thank you for reading this update.
We will follow this coin to see if it's able to get some confirmations in a short time frame.
If the coin goes with the trend as we expect then we will follow the coin with updates.
This all depends on data, and the trend should be confirmed before we are going to follow.
This small trend positions data did confirm us that there is possiblitys
The Abnormality Within Bitcoins Current CycleHello, My Friends, I hope everybody of you is doing well in today's market-environment and welcome to this analysis about bitcoins current cycle movement. There are some important signs and worthwhile indications I made which also play a big role within the current corona crisis and therefore the logical consequences the crisis is playing for the cryptocurrency-space. First of all it has to be mentioned that most countries in this world currently note a decline in their economic growth because of the hard corona-measures, therefore, we can see a recession declining price-action in the stock-markets and the normal economic-markets like car-industry or luxury-industry but this fact does not necessarily mean the cryptocurrency is in a bear market or a bull market, I already pointed out in recent analysis that we are still consolidating in the middle-term and that the next weeks and months will show us where the journey is bringing us. People who say that this or that scenario happen 1000% for sure can't be right, we have to look on the possibilities taking place in the markets and elevate ourselves above mere speculation, therefore, it is important to watch the chart as detached as possible and don't set a final-result as the only possible solution defined, volatile markets can show massive turns in the indicators used from day to another. I recommend that you read the whole analysis to have a full-depth perspective of the current situation.
In the crisis right now there are anticyclical investments like gold, pharmaceutics, food, and armor-industry! These fields are not influenced by the hard corona-measures, therefore, it is possible and not to be dismissed by hand that bitcoin plays into the anticyclical investments we have in this economic decline. I don't want to say right now that it is 100% the fact but what we can say is that bitcoin is not affected like the stock market and is not cyclical with the stock-market we saw this in recent bitcoin-bear-markets where bitcoin declined and the stock market increased. What is the importance now also when looking at my chart-picture is that we have a 4-years cycle in bitcoin similar to a normal economic cycle. Bitcoins cycle consists of three phases once it is the expansion, the second is growth and the third is a contraction, the normal economic cycle in the real economic consists of 4 phases. Because bitcoin is not like the normal economy we have a different cycle-movement similar to gold. The abnormality within the current cycle is defined by the hard corona-breakdown seen in the last weeks before we had this slow slow stabilization, it also affected other markets as stocks as well. The volatility was seen in this breakdown to the downside was not normal and we have never seen such a fast and heavy decline in bitcoin, also the situation right now that people do not leave their houses and have to stay inside, etc has been never seen since before, it is a completely new environment with other difficult problems we never saw in the crisis before.
Bitcoin 4-Year Economic Cycle
When we watch the chart closely now we see that bitcoin completed a full cycle in 4.04 years (can be rounded up to four years) that are 1477 days, in this phase bitcoin reached a new All-Time-High and peaked you can see the cycles marked in my chart, also the cycle is building a coherent structure with the underlying sine-curve. The problem in the current cycle is that we should do a new peak within the next cycle-ending time this will be in 2021. Also, we have a definite end where the bear-market is confirmed and a heavy contraction-phase to the downside sets in this is when we cross the lower black-support-line which you can see in my cyclical-picture. We need to see things now as they are and do not get too attached to wild irrational ideas that leading nowhere, therefore it is necessary to see bitcoin detached from the stock-market as an independent financial-instrument. When we establish to hold above the black-line we can see a possible second growth-phase within the 4-year cycle, in this case, we have to stabilize a minimum above 9000 and look at other mid-to-long-term indicators indicating the price-action of next weeks and months. Also my friends, we have seen the heavy decline because of the corona-fears coming in and affecting all markets but these first fears are over what comes now is the recession in many countries which are the consequences of the corona. This causes stocks to decline further because the economy is decreasing but that does not necessarily affect cryptocurrency, it can also be used as a hedge like pharmaceutics or armory which are seen as hedges in the classical stock-market of today's crisis.
So my friends thank you for watching my analysis, I hope everybody of you could get some important insight and where the journey will bring us the next time, feel free to support, thanks for everybody who is supporting, my friends. As I always say it is the motivation to transform opportunities into gold remains the most significant tool for a trader. this is why we should take the market seriously and make the best of every situation. ;)
FAREWELL
Information provided is only educational and should not be used to take action in the markets.
NEARUSDT OPEN NEW CYCLE PEROID DEPENDING ON THIS STUDY $12Thanks for reading this update.
NEARUSDT seems to open a new cycle trend, this cycle trend can give NEARUSDT an unexpected break. we see that some positions are confirmed for the trend.
We did expect before in the same way the Cylc increase of BTC.
know that Cycles entering with building positions, and we did scan some of them.
Let's see how this will affect the price action soon.
For the day trading time frames, we checking NEARUSDT for 18%+ trend
Soon more updates.
This will stay a prediction depending on our data, and not trading advice.
This is our view, which means not that you should follow it. trade only depending on your plan.
here will be soon updates, the same as BTC did get updates to 48K.
🔥 Bitcoin Outperforming Previous Cycles: Best Case Scenario?As Bitcoin seems to be unstoppable, it's time to take a fresh look at the current bull-run (read: the period after the low) and compare it to previous bull-runs.
Against my expectations, Bitcoin is outperforming both the 2018 and 2015 bull-runs. Most notable is the 2015 bull-run because it took us from ~150$ to ~20.000$. Keep in mind that the 2018 bull-run also outperformed the 2015 run at some point, but then quickly went under it and stayed under for the remainder of the cycle.
If the current bull-run stays above the 2015 line, we might actually see a top of >350k. Not the most likely scenario, but a man can dream.
For now, things are looking great. Bitcoin will likely break through the 50k resistance in the coming week, which opens the path to the ATH of 69k.
BTC 2019 OverlayShows 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 cycle to just before the covid crash.
You can see both BTC bottoms don't line up exactly but the shape that follows do very much so.
In addtion, you can see on Jan 9th 2024 that BTC topping tail and next to it is the 2019 topping tail. These topping tails are the exact same percantage as their respective bullrun highs. 2021 70k top/49k topping tail vs 2017 20k top/14k topping tail. Both are 70% from the high of their cycle's bull run.
Start of a new golden cycleSince ancient times we have seen the golden as the most satisfying geometric ratio, it can be used to analyze the proportions of natural objects but also artificial systems such as Bitcoin. I believe in the golden to be the most influential level in markets.
Last cycle, i published the fractal Bitcoin followed during the first 2 pre-halving cycle’s and except for the Covid black-swan it respected the phases a third time like a charm.
Now our bottom (15465) is in, the 2023-2027 cycle can take-off. We accumulated and switched momentum now bulls are back. We will see a relief rally to this cycle’s golden (61.8% off 15465->69000) which is waiting at 48550usd to reject the level and start the re-accumulation into the next block-halving which is estimated to be around april 2024. After the 4th halving we are ready for our run-up to new price discovery in circa 2025, lets go.
Educational links
Fibonacci levels: www.investopedia.com
Golden ratio: www.canva.com
Bitcoin halvings: cointelegraph.com
See you in 2027 for another cycle!
Bitcoin's Cycle Shift: From Bearish to BullishSince November 2021, Bitcoin has undergone a transformative cycle shift, transitioning from a bearish to a bullish trajectory. After over two years of descent and trading within a persistent downtrend, Bitcoin now finds itself navigating a distinctly bullish channel. The current analysis suggests an upcoming retest of the upward trendline, followed by a potential ascent towards the $60,000 mark.
The Cycle Transition:
Bear to Bull Shift:
Bitcoin's historical downtrend, prevalent since November 2021, has given way to a bullish cycle.
This shift marks a pivotal moment, signaling a change in market sentiment and the emergence of a more favorable trading environment.
Navigating the Ascending Channel:
Bitcoin is currently trading within a well-defined ascending channel, setting the stage for optimistic price action.
The boundaries of this channel provide a framework for interpreting market dynamics and forecasting potential movements.
Anticipating a Retest and Rally:
Upcoming Retest:
As part of the bullish cycle, a retest of the upward trendline is on the horizon.
This retracement is a common occurrence in upward-trending markets, serving as a confirmation and validation of the newfound bullish sentiment.
Targeting $60,000:
Following the anticipated retest, the trajectory points towards a substantial rally, with a target set at $60,000.
This level holds significance as both a psychological barrier and a potential pivot point for further market developments.
Technical Analysis Insights:
Confirmation Indicators:
Technical indicators such as moving averages, relative strength index (RSI), and volume analysis can serve as confirmation tools for the bullish momentum.
A convergence of positive signals from these indicators enhances the reliability of the forecast.
Market Sentiment:
Monitoring market sentiment through social media, forums, and news can provide additional insights into the broader perception of Bitcoin's price trajectory.
A positive sentiment backdrop can act as a reinforcing factor for the anticipated rally.
Conclusion: $60,000 in Sight
Bitcoin's journey from a prolonged bearish cycle to a robust bullish trend is a compelling narrative for crypto enthusiasts. As the market prepares for an imminent retest of the upward trendline, the $60,000 target stands as a beacon of optimism. Stay tuned for the exciting developments as Bitcoin charts its course in the evolving crypto landscape.
📉 Bear to Bull Transition | 📈 Ascending Channel Dynamics | 🎯 Target: $60,000
💬 Share your insights on Bitcoin's current cycle shift and your predictions for its journey to $60,000! 🚀🌐
Bitcoin's next cycle top REVEALEDAs you can see from the chart, if you measure how many days before a halving, did the cycle low occur.
For ex, in November 2012's halving, ~373 days before btc found a cycle low, projected into the future, ~373 days after the halving, a cycle top is in.
Same thing with 2016's halving.
Cycle low ~540 days before the halving, projected into the future ~540 days after the halving, we have a cycle top ($20k).
Yet again, with 2020's halving, btc found a low around 513 days before the halving, projected into the future, it took 513 days for a cycle top to be in.
Now in 2024's halving. Btc found a cycle low ~525 days before the 2024 halving ($15k)..Projected into the future ~525 days after the halving we should get a cycle top in Sept 2025.
Will history repeat itself yet again?Check back with this chart in 2025 :)
Good luck
LTC to Outpace BTC Next 6 to 7 months (LTC/BTC)LTC/BTC can increase over 100% over the next 6 months.
1. Ignore the price.
2. Look at the RSI.
3. Analyze RSI cycle patterns.
4. Sell Litecoin in June/July 2024. Now look at price.
5. High five!
I'm not sure if anyone else has broken down this cycle this way, but it makes the most sense to me. Very unconventional, but it works for me. RSI rules everything around me. #RSITheory
BTC 115k USD 2025 trendlines and speculative trajectoryFollowing the 4-Year-Cycle theory, the last quarter of 2025 should mark the top of the current BTC cycle. Here you have long term trendlines and a speculative trajectory towands this possible right-translated cycle peak.
If 2025 mirrors the 2021 price action, an intermediate top might be performed in spring 2025.
BTC in 2024 and 2025. New ATHLet's play to see the future. It's just a game, but it rhymes with previous #BTC cycles. From the beginning of 2024 until the moment of the halving, as in previous cycles, I think we could suffer a #BTC correction of between 20% and 30% at most. Then a not very aggressive journey will begin where we will move away from the average of 200 weekly periods until we surpass the new ATH of #BTC. At that moment, #BTC may lateralize for a few days or even make a correction of 15% or 20% and head quickly to a new ATH and maximum of this cycle. I think the new ATH could leave it around $150,000.
SP500. Is market "re-act" from FED or vice versa? 29/Dec/23SPX's chart/market is driven by Fundamentals ( FED) as most traders perceived. But I do agree with Robert Prechter and Alessio Rastani that market/ chart is driven by the "rotating cycle" of "supply/demand" rather than news/fundamentals even though I don't agree Robert Prechter with (Founder of Elliott Wave International) have been calling for major crash (which is severe than 1929) for many years
What’s ahead for the dollar?As the year draws to a close, it's an opportune time to evaluate the potential trajectory of the dollar going forward.
From a broader perspective, we anticipate a regime shift for the dollar in 2024, potentially marking significant turning points for the major dollar pairs. Notably, since the 1990s, each instance when real rates crossed the 1% threshold, the dollar experienced an average sustained fall of approximately 18% over around 340 days. The combination of aggressive hikes and lower inflation has now pushed real rates clearly above the 1% mark, but the dollar’s reaction thus far has been rather muted when considering the past 3 reactions.
This observation aligns with our cyclical analysis of the dollar. Historically, the dollar index has demonstrated a recurring cycle of approximately 3.5 years, often bottoming out at the end of most cycles.
Furthermore, the dollar index has recently dipped below the crucial 103 resistance level, a significant benchmark since the 1990s.
In light of a potential weaker dollar in 2024, we're exploring various strategic positions. At present, the NZDUSD pair, in particular, stands out due to its compelling technical setup and policy divergence.
Currently both the AUDUSD and NZDUSD are testing their 3-year resistance levels.
Given the current inflation and interest rate scenarios, we find the NZDUSD pair more appealing. New Zealand's inflation rate remains relatively high compared to the US, while their policy rates are almost identical. Moreover, the Reserve Bank of New Zealand (RBNZ) maintained its hawkish stance in the last Monetary Policy Committee meeting, whereas the Federal Reserve has begun hinting at possible rate cuts in 2024. Such divergence in policy should favor the NZDUSD pair as rate differentials shift towards the NZD.
Hence, considering the weaker outlook for the Dollar in 2024, combined with the technical setup in the NZDUSD's price action and the emerging policy divergence, we lean bullish on the NZDUSD. To express this view, we can go long the CME New Zealand Dollar Futures at the current price level of 0.6247, take profit at 0.6800 and stop at 0.6050. Each 0.00005-point move is 5 USD.
With that, we wrap up our last piece for 2023. We wish everyone a Merry Christmas and a Happy New Year!
The charts above were generated using CME’s Real-Time data available on TradingView. Inspirante Trading Solutions is subscribed to both TradingView Premium and CME Real-time Market Data which allows us to identify trading set-ups in real-time and express our market opinions. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
Reference:
www.cmegroup.com