The current chart is the largest drop in volume for the stock market since the 2008 crash my opinion is this means it’s a great time to buy the blood in the streets do with that what you will don’t regret not buying when we double values in the next 10 years from here
Look at my previous post for more info into this I believe this is the same pattern we are repeating if you look at the on balance volumes and many other indicators and compare them they look identical comparing our first cycle top to the 2013 top and to the current 2017 top going Into our next top
It’s hard to see from my chart but I want you to look and compare these patterns on your own charts they are identical we have the blow off top followed by a small top (2019 before COVID crash) and now followed by this flat top so the third part of the pattern. I think we are following the same pattern here and we will have 1 or 2 more tops once we recover from...
In my view we either have a blow off top the red option in the next 18 months and then A bear market into the 2024 halving or we do option green and steadily climb on support into the 2024 halving. I’m leaning toward option red where we have a blow off top in the next 18 months because the billions of dollars taken out of crypto once we start recovering is...
It’s going to happen I’m convinced our top was manipulated they are trying to trick you at every turn it doesn’t take much for whales to raise the market and next thing you know massive fomo happens and we have a blow off top that trillion taken out of crypto once we go up a little it’s going to pour back into bitcoin and flood the market
This is how I see Ethereum playing out and Bitcoin until the next halving look at my previous post for more detail
The pattern Ethereum has created over the past 18 months is identical to the first cycle before it mooned big time. The red pattern is a copy of it I tried to over lay so you can see it’s literally identical to the current cycle chart. Once we recover a little and the trillion dollars that was taken out of crypto ones back in it’s going to create a title wave of...
With all the money taken out of crypto/bitcoin/all markets this seems like the spot where all that money is on the side lines and when we start recovering and the DXY goes down this is where all that money can come back in and flood the market into giving us a blow off top in the next 6-18 months completing our cycle then into a real bear market until 2024...
So first cycle we did a 37x in 2013 then a 20x in 2018 and now your telling me our top was only a 2x?! I’m not buying it. I understand diminishing returns but to go from 37x, 20x to a 2x doesn’t add up. If you look at Ethereums first cycle and over lay it to current cycle it is identical and if that’s true we should bounce to an ath soon when we recover and the...
We are experiencing capitulation this is where you want to buy. Don’t be fooled into letting FUD trick you thinking we are going lower cause we aren’t. Anyone who was going to sell and capitulate has been out of the market. Big exchanges and whales need the price to go back up for their portfolios one bit short isn’t worth crashing their entire business. Unless...
If this is where the DXY peaks and continues going down like it is this is exactly where the markets will have a complete turn around and flip bullish. Stock market bitcoin and assets will all turn around and we can resume a bull run but the DXY must continue its full cycle back down for this to happen but it’s looking like it’s going to from technical indicators...
Maybe we are going to see something like this where we steadily go up into the next so it. In 2024 and then have a normal bull run. Seems plausible just trying to see what makes the most sense to me cause I know for sure when the DXY starts going down we will have a bull run and so will the stock market the DXY is what cut our current bull run off in the middle...
I’m wondering if this lower channel is now our new channel considering the blow off tops we had use the top middle line as support and when we fall below the middle support we enter bear market in 2021 we were above it on it as support then fell below then our second high at 70k we bounced off of it below and couldnt break above it. Or maybe we are all going to...
So is this what everyone thinks is going to happen? We just stay in this 3 year basically bear market until 2024halving until next bull run? This just absolutely doesn’t look right to me. I don’t see us going until 2024 without having another 2019 or 2021 style bull top… unless bitcoin cycles are changing and we just no longer repeat history idk
We should start to go back up by this fall and winter it will take time but I could see us making new highs In 2023 but I would say the bottom is in or very close if not. Once we actively start recovering in the coming months bitcoin and other assets will follow. But first the DXY needs to go down before a full recovery can take place
Back on support as I told you we would, this is our floor the bottom. Anything below is capitulation and the Best Buy you can get
I have recreated this cycle every different way and this bear market until the 2024 halving just doesn’t fit the chart. If history repeats itself we should have a blow off top in the next 12-18 months and be In A bear market for 2024 halving and then have another bull cycle, but this bear market all the way until 2024 just doesn’t look right. Also the 2013 bear...
For tel to be holding at .02 is very strong suepport considering at its peak it only went to .06 cents .2 cents is pretty good. I should have sold at .06 cents I was up tremendously but if you have rode any coin out this long as I have diamond hands without selling you would be a fool to sell now cause when you do the bull run will pump we can’t go any lower