A sketch in case Bitcoin breaks down from here. Buy at 20k later in 2021, hold for 2 years, climax in Q3 2023 at 500k.
I would be super-careful around here. Bullish if it breaks up (above 55k).
This rally has been very confusing to say the least, but in retrospect everything makes sense. Cycle lengthening is back on the table. This is not a cycle top and a proper bull run will come later. Next time to load up is by the end of this year 2021.
Let's try this i.imgur.com i.imgur.com
If BTC doesnt break below 22k within tomorrow, then 30k is within reach and altbtc pair will suffer
Repost because Tradingview is hiding my charts for containing Twitter-links. Update to the normalized graph (relative to the flattening of log support and "slowing down" of time). I still believe that the cycles are lengthening and that the next climax will not be until Q3 2023, with several laddered rallies leading up to it. Basically, we are here: i.imgur.com
Bullish on alt coins for the next weeks, YFIBTC fractal
TOTAL2/BTCUSD (TOTAL2 divided by BTC price, so basically total crypto cap without BTC, in BTC): Alt/btc pairs are dumping, accompanied by BTC going up, nothing new per se. Assuming the trend line holds: ...the 4th touch will signal the top for BTC and a buy signal for shitcoins.
Proper bullrun starts later in 2021. Be careful if the market gets overheated around the new year, its too early, me thinks
This dump is essentially the same as the 3k pump last year -- empty order books, but in opposite direction. The illiquid shitcoin it has always been. However, this time its a Black Swan event, which I completely contribute to the corona virus. Let's see how they compare...
Like we always finish this type of rallies, it's likely we build some kind of triangle here, which will last a week Let's try this
A fractal fro ETHUSD from the same period as here: Let's try this
A similar fractal I found from early 2017, posting for fun. BTC loves fractals. Let's try this