tgreg

tgreg Updated 

Taking into account "bubble everything" theory and ~18-years cycle on financial markets + on top of that ~4-years cycle in crypto markets ... we have roughly 6-7 ATH on everything. Then bubble will start bursting. Housing markets will need 4-7 years to visit new bottoms. Stocks & crypto will need ~1 year to catch new bottoms. What's going to be the trigger to...

tgreg Updated 

Let's see what happens. If we copy the scale of movement from previous cycle, bull run should start within ~3 weeks and it should end with price range ~30 USD. I think however, that ATH for PSX:POL will ends something around $10 - $11.

tgreg

#ETH in linear scale in week candles. Can you see #pattern & #price #action #levels? Levels are parallel with exactly the same distance and size in linear scale. Take a look on retesting of #resistance #level from 2018. Compare with similar #BTC reaction levels in related idea.

tgreg

#BTC in linear scale in week candles. Can you see #pattern & #price #action #levels? Take a look on retesting of #resistance #level from 01-JAN-2018

tgreg

Just as an extension to pure #DXY (see linked idea) I've added SPX price chart. I have shown previous recessions and market depressions for past 50 years and behaviour of #DXY & #SPX. Blue bars patter copies DXY rally after 1980 recession, which is of course just hypothetical. Hypothesis: - #long on #DXY - #short on #SPX

tgreg

I have shown previous recessions and market depressions for past 50 years and behaviour of #DXY. Blue bars patter copies DXY rally after 1980 recession.

tgreg

I've just prepared this bar pattern based on historical patterns. I expect further downtrend in #us100 and #spx500 and therefore influence on Bitcoin as well at least until the end of this year.

tgreg

If you just take into consideration, that so far entire #cryptocurrencies #ecosystem grew up in global #hossa and that #hossa has ended and #global #market is going into #recession, what could this mean to e.g. #BTCUSD ? During each previous recession (dotcom bubble in 2001, global recession in 2008, etc.) #SPX500 fell down >50%. We should take into...

tgreg

#Ethereum is in very strange place now. Is it #bull #trap now, or bullish trend? There is: price level $1729 (red horizontal line), which was price support level at dumps in 2021 and in May-2022 downtrend line since Apr-2022 (red line), which leaded the price in downtrend so far Fibo price level 0.236 at price $1821 (range between ATH in 11-2021 and bottom...

tgreg

Isn't it a right moment to #short #ETH ? 4H timeframe. TP (take profit) at $1150. What do you think? Please write in comments your opinions. ;-)

tgreg

Different governments over time in 1 month timeframe. Graph shows EURPLN + USDPLN + CHFPLN bucket. It simply shows, how "strong" Polish currency is.

tgreg

If we copy previous #BTC cycles to current one on #ETH than we could reach bottom at $700 (-86% from top) or even at $270 (-94% from top). This isn't investment recommendation. Just hypothesis based on history of #Bitcoin.

tgreg

Additionally to the same idea from today (see link to related idea), I've measured difference between tops and bottoms in previous cycles and it shows, that each next bottom went below 0.768 Fibo. That would give us bottom in this cycle below $18k for #BTC

tgreg

This is updated version of the same idea from 24-APR (see link to related ideas). I've added EMA 15 and measured tops. Let's wait 1-2 years to see, what happens. It's just potential scenario.

tgreg

Copied bars pattern from #bessa in 2018. Horizontal half-lines show different Fibo levels from previous cycle top-bottom difference. Timeframe 1W. No more description required I guess.

tgreg

What do you think. Is it reasonable to sell Bitcoin latest now and go away from market? And come back later in few months?

tgreg

What will happen? Of course noone knows. However, if you look at the 3M timeframe to the past with #Heikin-Ashi candles and copy bars pattern (blue candles) from past cycle ... you get what you see on the screen. If this happens ... we will see in a year or 2. It's just potential scenario.

tgreg

Bitcoin is again in very important level. Breaking this purple line (closing 1D above) may mean changing local downtrend line to local uptrend line. However, keeping price below it ... might mean new year's bottoms.