EndaKeane

EndaKeane

Using the Log scale, from the last cycle top which has been broken in Nov, a estimate of the exponential peak will be sometime after Feb'25. With all the chatter about the incoming Trump Administration and the pro bitcoin Billionaires from Jan '25 on should see the RSI peak in the 1st Half of '25 in my humble view. It is my opinion only and not financial advice

EndaKeane

Here is what the historical pattern has produced to date. What does the future hold ?

EndaKeane Updated 

Which will happen first, 1. continuation of the sideways move 2. Bounce off the 32.4K resistance line 3. Breakout of the 32.5K to become support and make a break for ATH.

EndaKeane

We can see from the trend which begins back in Jan 2021 that the most recent touch point has bounced from the trendline. May it keep going all the way up to €124K/$150K by it cycle peak.

EndaKeane Updated 

Current pattern formation is moving towards a Dec 13th top

EndaKeane

The trend is showing a possible cycle top of €124K or USD $150K sometime around the 13th Dec 2021 This is not financial advice, only my view. Do your own research before investing.

EndaKeane

Current prediction of where BTC is heading based on the 2013-17 cycle tops This is not financial advice. You should do your own research before investing. You are at risk of loosing capital when the market is is regression.

EndaKeane

Current projection of the price movement in Bitcoin. If the pattern repeats the 2103,2017 pattern it could make a target of around €127K or $149K This is not financial advise just my opinion .Yous should do your own research before investing your funds

EndaKeane

Here is my estimate of the 2021 cycle top in EURO(€) A simple chart with using the RSI ,Stochastic and Log curve ( Fib Level)

EndaKeane

This chart is posing the question, " Will the Moving Average(MA) crossover occurr in the next two weeks or so or just Bounce off the 200 day moving average." From my reading of the charts the pattern is similar to the 2009-2013 cycle and not at all like the same period leading into the cycle peak of the 2013-2017 cycle. As can be seen , there were two peaks in...

EndaKeane

For the long term this chart is projecting the 2021 Cycle top and the subsequent cycle retracement. In the current pi cycle when compared with the previous pie cycle, price seems to be running 3mths ahead. Does that mean we hit a price hi 3mths before the 7th pie line in BTC's history. Thats and interesting observation. This is not financial advice.

EndaKeane

I am showing what I see as a medium term possibility for BTC using Fibonacci and Elliot theory to project out in time if the cycle remains as is. This is for my records and not financial advice.

EndaKeane Updated 

From the chart, we have just broken up from the previous All time high. As can be seen we are about to come upon the 3 Fib level. ( This Fib level is from the beginning of trading back in 2009) Once the 3 Fib Line is broken , its off to the extimated €61K 'ish mark before it sees any further major resistance. Caveat , whales could come in and destroy this...

EndaKeane Updated 

All targets met todate. Opservation , is that momentum is hotting up , leg (a)(b) took less than 1 day to close.

EndaKeane

Looks like the current trand is following Elliot wave theory. We are in a move on the leg (a) direction. Don't be spooked by the current trajectory and the media. Not financial advice, just technical analysis on the current hype in the media.

EndaKeane Updated 

From the 4hr chart a very nice RHS formation is in play, if the formation is completed , it is a Head & Shoulders chart . I personally want to see it rejected in the near future. H&S are great when going up but you can loose your shirt coming down if not managed well

EndaKeane Updated 

Will it retrace the full 4%

EndaKeane Updated 

This is for my personal records, it is not financial advice. This chart plots what I think is happening next in the 2020-2024 Bitcoin cycle. We have just finished the first correction since the All Time High( ATH ) was broken towards the end of 2020. The first real pullback has occurred (Heskin candles). Wit hthat level of detail , we can now draw the Fib...