Possible bottom with a W pattern reversal and wedge breakout back to the ~$55k level of the breakdown point of this flash crash. C.f. also all the updates on my prior idea which is linked below this idea.
I diagrammed every line on this chart at the juncture of the dotted vertical line, except for the white line. So even though I thought that could possibly be a bullish W pattern where I annotated the yellow curves, I was aware of the likelihood it would drop down to form an uber bullish inverted H&S with the yellow curves being the left shoulder. And that appears...
Please read all the updates on my two prior ideas linked below, so you can see my progression of understanding as I have been searching for the correct interpretation of recent events. Look the correction retraced to the 1.414 level same as in 2013!! Look at the white rectangles. Is this about to rocket up in a parabolic move?!?! Everything fits now...
Unfortunately my original theory from the past months might be in play. The VIX has a massive breakout same as in March 2020. I don’t want to scare myself out of buying the dip, but I don’t know right now what can give me confidence. I will update if I find something.
I cleaned up the Fibonacci ellipses to make them easier to visual, so you can clearly see they have been predicting every top. Also go read the massive number of updates to my prior idea, Could Bitcoin crash to $13k now? Based on the preferred variant (c.f. chart below) of my prior idea, Bitcoin’s Entire Fractal Cycle History Decoded! Wow! , the measured move...
Also updates the Elliot Waves. Also incorporates the ADA:BTC chart:
Also updated the Elliot Waves. Incorporates the ETH:BTC chart as well:
Bingo! Exactly as predicted weeks ago:
The small-scale flag pattern within a broadening wedge, before resumption of parabolic bullish trend of wave 3?
Please watch Games of Trades latest video about Bitcoin. If 2013 is repeating, then Bitcoin should peak on Dec. 28 at $350k. 😲
This has been measured proportional to 2013 as indicated by recent Bitcoin Bull Market Ends Dec. 28 at $350k? idea which is linked at the bottom of this idea. There are two scenarios presented which were previously mentioned. The more extreme scenario is diagrammed with dotted arrows.
In order for this to play out without triggering a premature Pi Cycle Top, there will need to be massive volatility where in multiple waves the price spikes upward very quickly (e.g. within a couple weeks) and then crashes back down. And there will probably be a Pi Cycle Top in February if the price reaches $220 – $260k as projected/posited. So March would need to...
Abandoning the possibility that BTC.D (the Bitcoin Dominance) was in only the first decline of mimicking the three rapidly successive declines pattern from 2017 as posited in my prior idea Bitcoin will moon first before altcoins , which is linked below this idea. Instead it appears as though the first H1 2021 decline is a melding of the two distinct declines...
Finally it all fits 🧩 together. I have cracked 🔓 🔎 the code 📝✍️ to Bitcoin’s cyclical 🔁 🌊 fractal. My mouth hangs agape. 😲 🤔 🤨 🧐 This should be self-explanatory for anyone who has an IQ high enough to correlate the diagrammed patterns. The dotted curves correspond. The thicker curves correspond. The medium thickness curves correspond. There’s a pattern within a...
This chart should be self-explanatory. Bitcoin Elliot Waves updated also.
Also updates the Elliot Waves.
This is more holistic assimilation of all factors I am aware of.