1. BTC.D top then start falling just before BTCUSD top 2. BTCUSD then Sideway + Weekness 3. TOTAL3 keep mooning as a last stage while BTC.D and BTCUSD slow bleeding / showing weekness (alts season) which last few weeks after BTC top
For your ultimate fractal, let's compare previous cycles from the halving date. Comparing previous bull runs from the havling date, the next top will occur between Feb 24 and Sep 22, 2025, at a top price of around $350k to $5.9M. Similarly, the next bottom will be between Oct 12 and Nov 16, 2026, at a low price of $100K to $1.22M.
Each Bitcoin boom has ended in about 85% draw down in 2014 and in 2017. Right now the drawdown is at 75% for the 2021 cycle. If we see a similar drawdown of 85% it will be at around ~10000. My guess is that will not happen and that our current 75% draw down is what we will get this cycle but if we get a drawdown to the low teens I'll be backing up the money...
My thoughts on the current situation. Bitcoin and the relationship between the bullmarket TOP and HALVING. In the two previous cycles, the TOP of the entire growth cycle was exactly 820-850 days before the next HALVING. Taking this into account, theoretically, we should reach TOP in December this year, and then go into a downward trend and consolidations for the...
Uptrend begins -- 7 APR 2022 $44,500 Cycle High -- 22 May 2022 Price Will Be between: $108,000 to 136,500 (66% probable) | 3x Uptrend $180,000 to 227,500 (33% probable) | 5x Uptrend Plot Settings Fast: EMA 7 186 off set Slow: MA 28 186 off set
Hoping BTC bounces here - price already tapping the blue 21W EMA and also retracing to the 0.382 fib extension. First green CPR (R1) meets the 100% fib extension. Good TP zone. Second green CPR (R2) crosses a long term white trend line. Good TP zone. Third green CPR (R3) taps the 1.618 fib extension. Good TP zone. Should price break down below the green...
Posted this earlier today but it got flagged for adding my twitter handle so im posting again. A lot of times this cycle is compared to the BTC cycle in 2013. However right now price action is looking very similar to 2017. We have bottomed out on almost the exact day in July and have been following the price movement of the second half of 2017 very closely. The...
Hello, everyone! Last time when I made the BTC analysis, I spotted that now the price is in the local Wave 3 of the Global Wave 5, last wave of the current bull market. Today I am going to assume where the market top can be for the current Bitcoin market. The market clearly formed the 5-wave Elliott structure. According to Trading Chaos methodology, we should...
Sure BTC may have a little dip over the next couple weeks...but that's just the launching pad. I keep seeing this ascending triangle in my mind and I'm willing to bet something like this plays out. Most likely it won't be so nice and pretty, but end result just the same. #CupAndHandle #AscendingTriangle #ATH
This is my chart prediction of the Cycle top. Time will tell.......
These trend lines are nothing new just wanted to point out some things I have been looking at. On the weekly chart I took a measured move from the highest price point on the peak of the first RSI top to the highest price point of the peak of the second RSI top of the 2014 bull run = 575% I did the same for the 2018 bull run and it was 576%. More confluence...