I see nobody in the cryptocosm posting this idea. So the center cup tops out ~79k, which is precisely the predicted 5.3 theory top. Then comes down for the right shoulder. Now if we assume the 5.3 theory applies again but does not diminish by 5.3 because still in the same 4-year cycle, thus ~30k + (4 × 30k) = ~150k target. Or Bulkowski's ThePatternSite.com...
Something really horrible is coming to the markets in Q1 or Q2 2024. Here are the short-term bullish Bat harmonic projection (www.ig.com) to $3200 and long-term bearish Shark harmonic (www.ig.com) to $200 - 600 I had for ETH. I do not know if that bullish will complete, as it was cherry-picked from a ridge not the top. But the stock markets might rally to ATHs in...
A 5th wave can extend into 9 waves as per my conjecture. I will follow-up in the updates posited plausible crash scenario for early 2024 which is difficult to see on this chart if not zoomed in. DJIA charted from 1789 inception . It’s plausible that Robert Prechter’s Elliot Wave (EW) count for the DJI (c.f. direct link to the chart ) might be correct...
I keep hearing people regurgitating Steve Courtney’s (Crypto Crew U. YT channel) trope about the market has built a lot of structure by slowly grinding up, unlike in 2019 in which the price moved too quickly to 13.9k. And they take this as some gospel or evidence that the price will not crash back down to a lower low. This a syllogistic logical fallacy or a form...
Another March 2020 flash crash likely coming in 2023. Either Q2 or Q4, but I’m leaning towards Q2. The percentage decline from the dead cat wave #b high is posited to be much worse ~90% (at least if not hodling legacy protocol Bitcoin) versus ~62% in 2020. Note the meticulously diagrammed patterns. It’s as if the decline and rally of 2018 and 2019 as applied to...
Make sure you’re paying attention to my update comment buried on my prior idea. “So now the ANYONECANSPEND donations attack timing might be imminent? How else can that pattern repeat? The posited egregious crash from Dec to February will likely be before the full scale recession crash to come later in 2023. And how would BTC rally back up during a recession?...
Refer to my update comment today on my prior idea (linked below) for the discussion of Crypto Crew University’s confliction about whether Bitcoin will rally ~350% from here or decline ~45% from here. You might want to read all my updates on my prior idea to follow my progression of analysis over the past days. Specially find the update that includes the sentences,...
I have linked my past Related Ideas above the comments section and below all my discussion of this idea herein, so that you can see the progression of my attempt to understand this megaphone pattern I had identified in the summer of 2021 concomitant with my posited posited ANYONECANSPEND attack which I have been harping about publicly for a several years...
Our overlords don’t want the plebs to know… I’ve reverted back to my original interpretation from May 2021 wherein I had expected the 2019/20 pattern to repeat. The Russia-Ukraine false-flag is the follow-up to the cerveza sickness false-flag. The bearish H&S pattern appears to be playing out.
Isn’t this self-explanatory. Refer also to my previous published idea for the repeating, broadening wedge fractal thesis. But note we have several fractals and time scales forming constructive interference, including potentially the cross of the 20 level on the stochastic RSI, the 2018 – 2020 and the H2 2019 broadening wedge.
On July I published in the updates of my prior published idea a reinterpretation of my longstanding broadening wedge thesis (c.f. also ) to factor in OPTICALARTdotCOM’s points: I’m herein (c.f. below) refining more meticulously the timing based on measurements which sync with Socrates’ Forecast Arrays for the markets (DJIA) published in Martin...
Both scenarios posit that the shaded rectangle and the contained fractal pattern is repeating and growing in size. One scenario posits that the duration of the current posited occurrence is more extended. Thus that the slingshot spike bounce back up to the posited overhead pinkish trend line (i.e. top of the posited megaphone, broadening wedge pattern) has not...
Indications are a bull trap bounce incoming to ~$35k, then a further crash of the risk-on markets (e.g. Nasdaq) including Bitcoin to bottom somewhere below the $24.5k CME gap and my target being $13.7 – $17k. I will follow-up with some updates to provide further justification of these price targets. Back in December 2021 (and I think going back even to summer...
Is this repeated Fibonacci levels pattern repeating again? If so, then it seems to agree with my prior idea and portend a move down below $28k by Armstrong’s March 14 ECM turn date , possibly to or below the $24.5k CME gap. Appears that the required move down to the 0.5 level is coming after the second peak, which as I pointed out in the updates of my prior idea...
C.f. also Eric Krown Crypto’s latest analysis in the video entitled Bitcoin & Crypto Are About To FLIP. Price Expectations In Q1 & 55K . Watch the entire video and especially the section Macro Fractal Low from the 34 minute mark. I’m not affiliated nor promoting anyone. My analysis herein derives from the aforementioned analysis. In summary this published idea...
Highly improbably that November 10 was the end of the current Bitcoin bull cycle, because every the prior two major Elliot Wave 5 were a third to a half of the wave 3 and both ended with a parabolic spike top. I labeled my chart with the Elliot Wave structure which will end with a congruent wave 5 as pertains to all congruences and measurements on my chart. Note...
Ah ha! I have a likely answer to the Bitcoin Dominance quandary which I mentioned in updated comments on my prior idea Refuting OPTICALARTdotCOM’s $14k Crash . I’m short on Bitcoin for another wick low in next week or two. Then I am savagely long going into end of Q1. After which I will probably turn egregiously bearish expecting a flash crash of Bitcoin’s...
Find chart at the 3:53 juncture in his video entitled, Bitcoin crash next week! Kevin Svenson vs MMCrypto 3 peaks and domed house Bull$h1t . I’ve added ellipses to my chart to correlate the March 2020 dump to the current cycle. As you can see the predicted timing of the next major dump coincides which the ~$190 – 200k price projection by March/April 2022. The...