This is lay over of our current cycle from the 2020 halving til now laid over starting from the 2016 halving showing you where we are at in comparison. And to the right shows how much further time wise we still have left to go until the next halving, that is a large amount of chart between now and then. This current cycle of this was the top was not even...
I think we are going to repeat this pattern I know it’s far down but I’m beginning to think it’s coming we will retest COVID crash bottom likely unfortunately
I’m seriously considering this as a possible move,I know it’s a huge crash but with everyone able to sell with the click of a button now days this could very well happen if we continue this trend
Right now you should be buying this is the lowest Rsi we have ever had in its existence I think the more average people that adopt bitcoin the worse off the charts perform, all these no balls chickens sell every time there account goes down 2 cents which is responsible for these constant huge crashes that are never ending, this is exactly where the institutions...
If you’ll notice the red had the same boom and bust cycles up until around 2015 when we should have bust and went back down we stayed sideways; this manipulation is perfectly executed every time the DXY tops out the markets bottom/crash when the DXY goes down markets rally and have all time highs. You can perfectly see it with the dot com bubble and every bitcoin...
I would use this time to buy any assets you believe in long term, I would say we are looking at a recovery over the next 6 months or so. we could go lower than where we are or we could go sideways or both for a while but I would lean towards end of 2022 and 2023 recovery and bitcoin will follow, with another correction Going into 2024 it’s going to be a sideways...
Over lay this cycle with the last 2 it’s not even close, we had barely 1 year of bull cycle. I’m convinced we have not seen the top yet, I’m also convinced this channel is our support and we are under capitulation and will recover before going higher to a normal top. If I’m wrong and we stay outside of this channel that we’ve been in since 2012 that means...
I would have to say this is going to be a long recovery. At least until the end of this year if not next year it could even be way worse then we think where we have a dot com bubble bust which took until 2013 to actually go higher. We could be in for a decade of hurt. I don’t think we will see that as with technology with all the money so easily added into the...
I am using this time to buy all I can before next cycle when you for sure won’t be able to get one below 6 figures
I believe this is our bottom support line; yes we are currently capitulating under it this is the 3rd time in history since 2013 we have been this low. I think 18k was the bottom and currently is still the Best Buy, we will regret not buying this when we recover back to 30/35k In the coming months
Now which one of these patterns goes with this chart? The blue or the red? The blue one would mean we had a 1 year bull cycle with a 3 year bear cycle that retested the previous cycle top after the entire cycle was over! I don’t believe this is the end of this current cycle, I believe this is just the first half and this was a huge bear trap before we have a top...
This just makes sense to me that we see a real cycle top the next halving is far to far away for us to just stay In a 3 year bear market and the bull run was literally barely even 1 year. that doesn’t make any sense. A pattern like this fits the chart way better. This is going to be remembered as the largest bear trap of all time. Obviously I could be completely...
Y’all going to be salty when this bull cycle continues and this was the biggest fake out ever in history
I think we still have a ways to go before we recover somewhere in this white box I’m basing this off the Rsi pattern It looking like we are coming up before we make a move, obviously I could be wrong and we are close to being out of this bottom with the double bottom Rsi we made but I think it’s a fake out and we are going to dead cat bounce when the steam is...
I don’t know guys I just don’t believe this cycle is over. We have a long time before the next halving this is not normal In any cycle we have had yet where we have 3 years of bear market before a halving. It doesn’t look or seem right to me. When we recover back to 30k and the trillion dollars taken out of the market comes back in it’s going to create major fomo....
I think we are going down to 3,400 and it’s going to belong and drawn out and we won’t make a new high until 2024 so I would use the next year or so to buy anything you believe in and be patient, this lines up perfect with bitcoins halving as well for the next bull run to begin around spring/summer 2024
When the stock market recovers and the trillions of dollars take. Out of crypto comes back in we will also get a wave of new money on top of that into the market it can happen just as fast as it crashed it can go up both ways: I don’t believe this was the top, I think this is an extreme institutional crash and when they add their money back into the market it will...
Has the stock market double bottom with the Rsi or is it a fake out recovery for a fast hard further capitulation crash and then a recovery? I’m not sure either is possible