A nod to @unbeldi And a updated chart Swapping the Bitcoin price to marketcap over the M1 money As BTC is a Trillion dollar asset again and was invented to be peer to peer cash It's good to compare the ratio vs the dollar. And imagine one day in the future that it may dethrone the King. Since BTC is natively digital and global (M2 is slightly larger number...
What does it do You see what could be a continuation inverse head and shoulders and the two targets. PLAN B hot alot of people wrecked last time, and he still adamant #BTC will hit $500K this cycle. The chart says otherwise and more likely we peak above the high meet the linear target & double top (at least for now ) what say you?
As someone who has been around Bitcoin a long time, I find it interesting to see people try and find their own "edge" from how they utilise on-chain metrics, to liquidity maps and sometimes even deeper with things like the energy consumption or BTC mined. The last couple, most recent years - Bitcoin has been moving towards it's institutional position and that has...
Analysis is based purely on price action and TA. If Bitcoin plays out as 'it should be', I believe the local top for bitcoin for 2023 will be ~39k. Unless more structure is broken downwards, the supposingly 12k bottom that everyone has been bidding on will be unlikely. 25k will be a very good layer to DCA in for the bigger picture. However, we might have a...
Update from vacation in Stellenbosch South Africa! It's lovely here. That is all. OK, seriously, in the associated posts I spelled out why it was dumb to follow the "influencers" who just want you to trade, and who don't care if you make money. They were all howling for the moon at $24-$25k. The screenshot on the chart had BUY BITCOIN !!!!!!!! 3 weeks...
That got your attention, didn't it? While it IS coming, we don't mean right now this week. This sort of post always gets people's attention. There are lots of them like it at present, and we are all only human. It is very difficult to ignore visual stimulus like this, but you simply have to if you are going to survive in the trading world. The world was full...
I still prefer to follow plan B's halving mechanism considered cycles, since the mechanism is legit and still working there. I updated my existing graph based on the current market, expectations, fears, and future.
Is there any intelligent life in crypto land? People have jumped in this space on the assumption that we are only goin up. This reminds me of a certain film and can be broken down using key character traits. So we have the followers; not doing much, if any analysis for themselves. Instead buying on the hope that Bitcoin & Crypto can only ever go up! This...
I am watching the trendline pullback and I am also back on tracking the potential bear side Median Line on the right. Anyhow as first step I will check if prices will be able to hold the light blue zone of the channel on the left.
Bitcoin has been boring the last couple of months and has roughly gone sideways in a rather long range for the last year. The price action has been sideways some of the longer term indicators have been priming and suggest that the next move is to the upside. The stock to flow model comes and goes in popularity with the volatility of bitcoin. When bitcoin is...
Before directly analyzing Bitcoin itself, we will deal with the relevant information Things are currently affecting our analysis: 1. The start of the war between Ukraine and Russia could have a devastating effect on the cryptocurrency market for a short time 2. Despite high inflation in the United States and the fact that the Federal Reserve has decided to...
Everyone has been talking about Elon Musk predicting that Bitcoin will drop to $ 20,000, Remember Plan B and don't be deceived by market whales again Best time for buy 30500 - 34600 You will not see such numbers again in your life
What do we have today. |Price fall cycles (12-13 bar/month), price growth cycles (35 bar/month). |All cycles begin in December and end +- also in December. |The percentage of price correction is almost equal (80-86%). ' Does this mean that the next cycle is a price correction to ~$13,770? @ALL STARS CAPITAL
Bitcoin Price Prediction logarithmic Model. Make sure to use this model in BTCUSDT logarithmic chart in a monthly time frame! Many cool guys predicted high prices for the future of Bitcoin, but this logarithmic model shows you where you are on this path of price growth so that you can enter and exit the market at a more convenient point. Determination ranges are...
These last few months have been amazing to see Bitcoin become more professionalised as a trading instrument. When I started trading BTC back in 2011 - it was a punt, a gamble and something I hoped would grow but wasn't sure. Throughout 2021 you have seen each swing tag key levels - value ranges, MP patterns, Fibonacci extensions and clusters. Respect Gann and Ney...
I had to update the head to a bit lower cause of this fall adjustment. but its fitting perfectly as per the pull back which is within this BULL channel. We are still in Bullish Channel.
911 Huge Buy Signal On Bitcoin 911. Guys on my daily MFI.. IT shows a green signal that aligns with MAY 22nd BOTTOM... I did a fractal of JULY 22nd and it is the SAME exact Inverse H&S of that! Im expecting a 40% pump to happen just in time to meet PLAN B's DEADLINE. This falling wedge should make for an explosive start to the breakout of this GIANT double bottom!...
Hi, Without a doubt, the #PlanB monthly predictions have been come out really close until Oct, however, my technical analysis now working better than his predictions, Let see by end of Dec 2021 #Bictcoin will touch the $135K #PlanB forecast or my chart says it'll touch nearly $80K and then for Feb 2022 it'll touch @$87K. ;)