BLX trade ideas
BTC Exit and Next High For This Cycle 2023 - 2025Timeline and next ATH for Bitcoin. Using the previous 4 cycles as a perfect template to predict the exit timeframe and next all time high for bitcoin.
Projected BTC Cycle Top for October 2025I charted out a path for BTC over the next few years based on using the previous cycle support zone as resistance for the next cycle. Looks like BTC can hit between $270-$280k on the next market cycle top if these lines are fit correctly and we do not get a recession to knock us down in a meaningful way between now and then.
I think we bottomed. Either that or we're very close. I'm looking for longs and positioning accordingly. Bottom is in or very close. We're going to start climbing out of this whole soon and probably marking the first steps towards the next cycle. 2025 Targets 180-210k.
BTCHistorically btc confirmed its parabolic rise after the .382 fib is broken which should be around 48k this time around if history repeats. GL
How the Bitcoin price has evolved over timeBasic logarithmic regression chart that denotes how the Bitcoin price has evolved over time.
Bitcoin Where to Buy- Everything is in Chart.
- Actually TheKing entered a a correction phase.
- We climbed for 4 Months Straight.
- This kind of retracements are just normal.
- if TheKing still bullish the maximum correction will hit -38.2% Fibo (around 25k$).
- if Theking get hurts by a bad news (FA), the correction could bring the price around -61.8% FIbo (around 21.5k$).
- The worst max pain dip would be around -78.6% Fibo (around 18.5k$).
- Have a quick look at EMAs Rainbow Crossing up to get a more clear view and understand future movements.
-- imho we are still slowly turning to a bullish impulse.
-- Nothing confirmed that we will hit lowers prices for now.
Stay Safe !
Happy Tr4ding !
Bitcoin Mid-cycle Peak 🚀As I predicted, it will happen by the end of 2023.
On the weekly RSI, we entered the overbought zone.
Earlier I wrote:
Historically, the mid-cycle peak in Bitcoin coincides with the RSI approaching the overbought zone.
Additionally, considering the "Feels invest zones", we can observe that the purple zone🟪 often acts as a significant resistance level.
The Cycles arent getting longer anymore BTC and crypto cycles since its beginning have only gotten longer. With us currently undergoing a long bear market now it makes you wonder will this bear market be like the rest? Longer than the last? Well the bull market wasnt!
Bitcoin bear case, $3,560?Bitcoin bear case is an extremely low probability as it involves betting against the stock market for a recession, and the potential collapse of bitcoin when looking at the monthly chart but nothing more than a healthy correction on the 5 year chart.
From a technical standpoint the parabolic green curve line break will signal a red flag of downside targets, along with a break of the monthly upward slowing head and shoulders neckline which has a target of $3,560. Interestingly there is also a CME Futures gap at this level too. There is also a 0.5 fib at the $3,600 level which is another confluence.
Another complementing theory is usually we notice that price very quickly goes up (or down) to a certain level only to then give back and return the whole move to retest the price where it initiated often referred to as (testing liquidity) and we have seen this frequently on all time frames. The idea would then suggest at retest of the $3,800 wick giving back the whole move from the March 2020 COVID low which went to $69,000 thereafter. From a 5 yearly candle perspective of green candles starting from 2010, a red long legged doji would be significantly bullish from a 5 year candle perspective (2020-2025), to initiate a long from 2025 to 2030. The assumption of the market is we continue to see 4 years cycles that always go up no matter what, therefore in this idea we are flipping everything on it's head for market participants leaving them confused about what the long term investment bitcoin offers particularly when looking at the price structure from a 5 year candle perspective.
My personal opinion is that the low may already be in on Bitcoin and we continue to the upside in accordance with a 4 year cycle perspective which seems to be the more probable and palatable outcome since the trend is usually your friend. However understanding opposing ideas is always necessary despite how extreme they may be, the idea should be considered to avoid bias and overconfidence, and the decision to accept or reject and idea is based on your belief on the market which is entirely separated from winning and losing.
All the best! :D
Follow the moneyThe conection between Bitcoin and other risk assets (stocks for example) can be reduced to liquidity in the markets. The easier it is to borrow money, the higher the price will go.
Central bank policies, interest rates, influence the overall liquidity environment. In times of economic expansion, with accommodative monetary policies, liquidity tends to be abundant, leading to risk-taking behavior among investors who may allocate funds to both traditional and digital assets like Bitcoin.
This is why in 2020 pandemics, for example, we had problems but prices were going up.
Then inflation went parabolic as everything had too much money, as we produced less and consumed more.
The central banks had to hit the brakes and we almost jumped trough the windscreen.
As the fight against inflation is about to end, expect bitcoin price to go to 100.000 +.
We will find the news to explain why it happened, no worries.
We always did.
Bitcoin may dump before we get to the #Bitcoin halveningIn the ever-turbulent world of cryptocurrency, where fortunes are made and lost in the blink of an eye, we approach the much-anticipated Bitcoin halvening with the same level of certainty as a weather forecast in the Bermuda Triangle. As we edge closer to this event, which historically has been as predictable as a game of roulette, the community braces itself for the possibility of a price dump. Why, you ask? Well, because in the realm of digital currencies, logic often takes a backseat to wild speculation and the whims of the market.
Consider the halvening as a sort of financial Groundhog Day. If the Bitcoin shadow is seen, investors scurry back into their holes, fearing a price drop. It's a time-honored tradition, akin to reading tea leaves or consulting a Magic 8-Ball for investment advice. The halvening, which cuts the reward for mining Bitcoin in half, is often viewed as a bullish event, a beacon of hope for higher prices. However, in a plot twist worthy of a daytime soap opera, there are whispers that this time, things might just go south. Why? Because if cryptocurrency has taught us anything, it's that it has a penchant for doing the exact opposite of what's expected.
So, as we count down to the halvening, prepare for a rollercoaster ride of epic proportions. Will Bitcoin follow the script and soar to new heights, or will it throw a curveball and plummet, leaving investors and enthusiasts alike scratching their heads? Only time will tell. But one thing is certain: in the unpredictable world of Bitcoin, anything is possible, and nothing is quite as it seems. Buckle up, it's going to be an interesting ride!
Simple Trick Bitcoin- One simple old trick to know when we are bullish or bearish.
- Use Ichimoku Kinko Hyo 1W-TF.
- Only use senkun span (SSA).
- Wait for BTC trend cross the Span.
- Jump in/Jump out.
- Always follow the river while trading.
- Don't waste your energy trying to counter Naturals movements.
Happy Tr4Ding !
bitcoin 'up only' forever, unless...bitcoin up only forever, unless the lower trendline breaks convincingly
ill be mad bullish on bitcoin above 29kATH and covid low avwaps holding bitcoin price at the 382 retrace of this wave, yearly level and range 625.
$btc must be bullish right :-|
Update: Log Regression Curves I made this a while ago back in June of 2022 if I remember correctly and I have a prior post on here about it. This is just and update to that as far as how it is holding up, which is holding up remarkably well. The arrows are of where each point is plotted as a reminder and that touch a specific price point. The purpose was to show that it has not changed and Ihave not manipulated it in any way. #MelvinsMoves
It's important to be aware of the influence of large DXY moves oIt's important to be aware of the influence of large year+ DXY moves on the price of BTC.
While the bitcoin halving narrative is popular, over 93% of BTC has already been mined, and each subsequent halving has less influence on supply than the previous halving. I believe the halving's primary influence is now on investor behavior, not mining rewards. As evidenced in this chart, the change in DXY likely has more influence on the bitcoin price than does the halving.
Bitcoin Will Never Die
- i am posting this new chart like i did in 2018. ( i will link olders charts at the end of this post ).
- it's always more easy to predict a long term chart ( 1 Week TF ) Than a shorter timeframe ( 1 Day TF ), just because cryptos are hyper volatiles markets.
- Everything is in chart and very simple to read, this is imo the worthless scenario we could see.
- Most of my followers know my trading style, i always try to predict bottoms and tops.
- i never advise peoples to short BTC, because my philosophy is to predict "Hope", and bitcoin is here to fight hyper inflation.
- TheKing helped peoples which believed in to get more wealth, trying to make this world more fair.
- if you bought BTC in 2011, 2013, or the top of 2017. you are still winner. Peoples who bought the Top of 2021 will be winners in the long run.
- Bitcoin's PoW algorithm have been created to grow, 21M BTC only and strengthening difficulty every halving.
Patience is the road for wisdom. Bitcoin is the road for freedom.
Happy Tr4Ding !
All-Inn Roadmap High /Low, Bull /BearHi all,
Short explication on the “All-Inn Roadmap High /Low, Bull /Bear” analysis.
I plotted this on the 2-week Bitcoin Liquid Index Chart (BLX)
1. When the yellow Base Line of the “Ichimoku” passes the Green cloud downwards, it triggers a Time Based LOW signal for BTC which has confluence with the Multi RSI indicator. This is marked with the Green dotted vertical line marked “ Low "
The market is ending the Bear-Cycle.
2. When the Green Candle Base Line passes the Red cloud upwards, it triggers a Time Based Bull-Cycle signal for BTC which has confluence with the Multi RSI indicator. This is marked with the Green dotted vertical line marked “ Start Bullrun ”.
The market is entering the Bull-Cycle.
3. By using the Fib Retracement Tool we can identify the SELL areas (Orange and Red).
Fib levels 1.414-1.618-1.786. Called the “ Top-Markers ”.
The market is ending the Bull-Cycle.
Life is messy enough so I kept the analysis simple but effective.
“When in doubt, zoom-out….”
Happy hunting,
Unicorn1
BTC Bull run ( Check my other ideas )BTC trend based on history. BTC Bull run ( Check my other ideas )
Bitcoin bull run to $170,000 or to $1,000,000 imminent?Highlights:
Two paths, the least bullish path to $170k and a more bullish path to $1M
Next major pivot is still on June-Aug 2025.
Next #BTC targets are $170,000 and $1,000,000
1. path to $170k
- A flat with a corrective wave going up to $170,000 and a sharp correction afterwards before another major bull run in 2025.
2. path to $1M
- A 5-wave up to $1M
3. TIME ANALYSIS:
The next major time zones are still on 2025, which means the ongoing upward movement may lust until then. I used fib time zone from the base of Dec 2018 to the highs of June 2019 as the first major fib time zone. The next fib time zone is from the base of March 2020 to the highs of April 2021. Just see the accuracy of the time zone below.
4. The fibonacci levels used are created by a fib retracement on the very first wave 1 to wave 2
BTC - 15k before halvingWill BTC repeat history? Everybody LONG on BTC and waiting for those BTC ETF and halving, but what would happen if these are "rejected" just before halving? PANIC SELL OFF? and after that are magically approved?
