similarity in fibo levels and accumulation zones are obvious...
This is my calculations for bitcoin in a possible downtrend. Example: 74000 / 100 = 740 √ 740 = 27.2 27.2 - 2 = 25.2 (2=360' , 4=720' , ....) 25.2 x 25.2 = 635 635 x 100 = 63500 First support as shown from the top
#megamind #megabullrun ----------- buy the deeppppppppppp.
#megamind #megabullrun ........ buy the deepppppppppp.
seems btc would be supercheap with current supports like 60K,50K or 40K
very likely 20K can be a long term support because already it has corrected around 78% from the top. Fib 0.236 @ 131K Fib 0.382 @ 173K Fib 0.5 @ 250K Fib 0.618 @ 335K Fib 0.786 @ 520K Top channel 800K
moving averages here i used tell another story about a massive bullrun and about target fibonacci series mathematically predict $358K.
Formation of double bottom to elevating to $2180 Buy range: 1962-1974 TP: 2180 Time frame: Daily
i will follow this trend. new all time high would be around 172000 at May 2025 but its a chance to rise higher at 196000.
in my opinion this scenario is not out of mind :))
possible movements for bitcoin in this cycle. not financial advice
it's not a bear market... it's not a bear market...
we will see which fractal is the answer if strong rebound happen on 32K and break 49K its exactly like 2015-2017 and if price break all supports down to 20K so it must be like 2019-2021.
it seems stochastic rsi with settings (3 3 14 14) is magical in monthly time frame, just need to pay attention to breakout above level 20 to finding start of a cycle. Thank you
it's similar to 2015-2018, i think 28-30K should hold to make it. dyor
bitcoin in this cycle shall not come lower than 20K and target is 330K by May 2025.
so far similarity with 2015-2018 is 100% and it needs two confirmations for 700K+ first 32k to 22k and second 49k to 32k.
i think this analysis with high probability will happen.