martinxi5u4

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In the captivating world of cryptocurrency trading, Bitcoin has always been a cornerstone of attention. Recently, its price trajectory has offered a compelling narrative of resilience and potential growth. A detailed examination of the current Bitcoin chart, as depicted, indicates a significant trend shift that might suggest a new all-time high (ATH) by July...

martinxi5u4

Chart Analysis: The chart depicts the relationship between the M2 money supply, US Consumer Price Index (CPI), labor market trends, and historical recessions. Key observations include: Recessions: -Historical recessions are marked and correlated with significant economic downturns. -Each recession coincides with substantial drops in the labor market and...

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The recent analysis of Bitcoin's price action shows a compelling Elliott Wave pattern that indicates a possible final leg breakout. The chart provided highlights the completion of waves 1 through 4, suggesting that Bitcoin might be poised for the fifth and final impulsive wave. Zooming in, many have also noticed the inverted head and shoulders pattern, which also...

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Due to the complexity of the previous chart, I am providing an updated close-up of Bitcoin's daily cycle low (DCL). This cycle usually spans 60 days, with a tolerance of plus or minus 6 days. With the current timing, it seems that the opportunity for Bitcoin to form another DCL is diminishing. Additionally, a CME gap is anticipated to establish a specific price...

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According to cycle theory, the BTC daily cycle low should occur within this 6-day tolerance window shown in blue. Has the sentiment been flushed out, or will we see another rollover? Personally, I believe we will cross the yellow line in the next week, steadily work our way to the 73k area, and then experience a blowout top 2-8 weeks after the ATH is confirmed.

martinxi5u4 Updated 

Last Friday, the CME market closed at around 60,200. The following Monday, when the CME market reopened, the price was close to 62,000. As expected, the price dropped back to 60,200, the market closing price from Friday. It is now confirmed that the CME gap has closed, with a confirmed DCL at 58,400. Therefore, we can anticipate further upward momentum for BTC in...

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Turbo is currently testing the lowside of the support level. My hypotesis is that the level will hold and we will see a 10% bump in 24 hours.

martinxi5u4 Updated 

Turbo recently experienced a strong upswing and established a new angle, getting rejected at the remaining Fibonacci level. A brief consolidation is expected in the short term towards the previous Fibonacci level. I see a good buying opportunity during the day for a test of the new uptrend line, which could propel Turbo to around 0.007 by Thursday.

martinxi5u4 Updated 

Turbo recently experienced a strong upswing and established a new angle, getting rejected at the remaining Fibonacci level. A brief consolidation is expected in the short term towards the previous Fibonacci level. I see a good buying opportunity during the day for a test of the new uptrend line, which could propel Turbo to around 0.007 by Thursday.

martinxi5u4 Updated 

Turbo is closing above resistance levels and is about to hit an uptrend Fibonacci sequence. With BTC bouncing from a low of $58,400, this could be a great setup if BTC remains stable. For those who are not familiar, Turbo is the new meme coin for this bull run. This AI coin has shown great potential and still has a low market cap of only $350 million. With a...