Sellicks_forgotten_moustache

Sellicks_forgotten_moustache

On October 6th, I projected a higher low around 58k, setting up a rally to the 67-69k range, with a pullback to 64k before a move to new all-time highs (ATH) in November. The linked chart outlines this setup. For this scenario to play out, we may see one last dip into 64k—often on Tuesdays—before bulls push toward a strong monthly close. Levels to Watch This...

Sellicks_forgotten_moustache

After breaking down from its 2023 trendline, the DXY has rallied back to a convergence point at 104. This level is now a major pivot; if we start to see weakness and a breakdown through this zone into November, it could provide a much-needed tailwind for risk assets. My target on the downside is around 95-97, a level that could align with the top of the current...

Sellicks_forgotten_moustache

After weeks of anticipation, MYRO has finally dipped into my buy zone, hitting the levels I’ve been waiting for. The current structure suggests potential for a rebound from here, but if this level doesn’t hold, my focus shifts to the next key support around $0.07. This support could present a strong foundation for a reversal if tested. Watching closely for volume...

Sellicks_forgotten_moustache

ETH/BTC is closing in on my final level of interest at 0.03646. After rejecting the June convergence at 0.05667, price has moved quickly down to key support levels. The next major convergence point aligns with March 2024 around 0.06, coinciding with the typical altcoin season that tends to start in Q4 of the third year in the cycle. Watching for a reaction at...

Sellicks_forgotten_moustache

For the upcoming Bitcoin analysis, I’m anticipating one more push lower toward the $58k level before establishing a higher low. This pullback could be driven by two key factors: 1. Geopolitical Escalation: The ongoing Israel-Iran conflict is expected to escalate further, injecting uncertainty into global markets. Historically, geopolitical tensions lead to a...

Sellicks_forgotten_moustache

This Bitcoin cycle is projected to top out early, between December 2024 and June 2025, due to the following factors: 1. Diminishing Returns: Historically, each Bitcoin cycle has produced shorter peak periods with smaller percentage gains as the market matures, indicating that this cycle is likely to peak sooner than previous ones. 2. Interest Rate Cuts:...

Sellicks_forgotten_moustache

Nothing has changed, we rejected off the level I used to call top last June, for whatever reason the majority were not paying attention to this weekly close trend line from 2021. Lose 27.2 daily close today there’s a high chance we visit 23 then it’s up to the gods if we move down to 18-20 and then 15-16 before wicking 11-13 EOY. 2024 we begin to go parabolic,...

Sellicks_forgotten_moustache

A 2001/2 style double top into Q3 bottom. Again, I believe Q2 earnings will begin to reflect what’s unfolding now and I doubt the fed cuts rates until Q4 potentially Q1 2024. Markets always bottom after the pivot which could be a pause in May or June. Stocks are also technically overvalued and despite the 500 looking strong, majority are losing steam as a few big...

Sellicks_forgotten_moustache

I’d like to see a push into the first week of April then start the move down slowly as shit begins to hit the fan. Catalyst for a new low will be Q2 earnings.

Sellicks_forgotten_moustache

Expecting a wick off the black line then accumulating within the redlines before moving up: CPI and fomc should see this play out.

Sellicks_forgotten_moustache

Ascending channel looking to break down into a late March early April. Target 18,000. Breakthrough the prominent bear market convergence point and you will more than likely move down to 11/13,000 which is where I believe we bottom.

Sellicks_forgotten_moustache

I see us bottoming in late October followed by a rally into November or December before BTC makes its decision on whether we extend the bear in line with the macroeconomic environment, or we begin a slow rise into halving.

Sellicks_forgotten_moustache

Each and every time we close below the blue lines, BTC crashes. I am seeing a very similar setup to early January with bitcoin hugging the blue trendline. Back in December, I called on Twitter that if this line is lost, you will get your free fall.. It did not disappoint. Link to the tweet below. I'm seeing a big push to close below 38.5 in the coming days as...

Sellicks_forgotten_moustache Updated 

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