Engineer more trend line liquidity while build relative equal lows (inducement lows) then the real sweep comes in around the CPI announcement - mid month? - Then start Uptober
This is the 2022 bear market inversed and fitted to the current 2024 price action. Interesting to see it generally rhyme. With the top coming in around 86k in Q1 2025.
This is kind of what I am expecting over the next few weeks. Everyone is eager to get into a trade, Im expecting more chop to introduce a little more disbelief into the air.
Get ready for whats to come in Bitcoin... its going to be a tough ride. I drew something up as if I was in control of price, and kept the idea of liquidity in mind. Focus on the prices, and the volatility. Take notes on what you should do as a level headed plan, and get ready to TP in Q4 - Q1 2025
I think this is the most realistic path to 100k when taking into account liquidity / engineering liquidity. Based on the open wick ($23,275 O - $19,520 L )/ eq lows below ($24,745 ) I think price will gravitate back to that area as a bear market accumulation area. With that in mind, If I line up the 0.75 of the fib on the low of the wick --> eq.l's (~100k -...
All based off of the inefficiencies in price, biggest liquidity pools harnessing the most incentive, and enough price discovery to get retail to finally think, "You know, if Bitcoin can handle all of this?! - I'm going to miss out at $150k - $500k CRYPTOCAP:BTC , if I don't buy it right now at $80k!". Why is it going up? - How can this be possible?! Global M2...
This is my current Elliot Wave Count, we are starting the 5th wave in my opinion.
Third touch point on the pennant, the move that deviated the pennant low is a weak low (It was never swept/retested). I think there is a possibility that we revisit it if we reject off of this high.
This structure kind of looks similar in a way with how they structured this V-Bottom, then I looked at what it prints, and it generally follows along with what I think minus the extravagant price targets. But if it aligns with what you think, this might be an interesting watch over the next few months. But most fractals fail..
Ovad's idea, HTF liquidity pool shot in the darkOvad's idea, HTF liquidity pool shot in the darkOvad's idea, HTF liquidity pool shot in the darkOvad's idea, HTF liquidity pool shot in the darkOvad's idea, HTF liquidity pool shot in the darkOvad's idea, HTF liquidity pool shot in the darkOvad's idea, HTF liquidity pool shot in the darkOvad's idea, HTF liquidity...
DXY is currently setting up some traps, and setting us up for some mayhem lol
This is my thoughts on how to trap some moon boys, rek them down to the eq. lows at 25k, scare the heck out of everyone that thinks the deviation away from the S-Curve is "too much". Huge amounts of liquidity and scare tactics down there to accumulate before MIL:1M in 2030.
No stop loss is safe. Doge is inducing long's and building liquidity on the local low before it is going to be a targeted sweep for the real move to the upside.
This is my buy zone for TIA. I like the looks of the first structure, incoming wave 3 impulse.
I had an idea today, "What if we leave the FWB:25K equal lows behind for later?" and came up with this. Its a mixture of EWT, ICT and general cycle nature. Should be fun to watch it print over the prediction over the next couple years!
Decided to try and free hand how I think price will deliver over the coming year(s). Just for fun (:
I have tried to fit a curved line along as many bottom wicks as I could. I then copied this line and tried to fit it across the tops, then plotted two more instances at the 25%, and 75% of said range. The white boxes represent one year from Jan - Jan.
I would like to see price close above $45,850 to set a higher high on the Daily to confirm bullish bias. This would also set the low at $34,324 as a "Strong" higher low that would most likely hold if price were to go back down to that discounted region. If this plays out, I think that would help build enough confidence to cause a break of structure on the Weekly...