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
Bull run starts when we approach old ATH, ca mid 2021 The area from here til then is "bump along the support line" period, always long from log support, and shorting is still possible if we get too far up
Cool if it plays out: 2 weeks of bart followed by 2 weeks of chop. 3 weeks of bart followed by 3 weeks of chop. Etc... Waiting patiently for the bottom in low 6ks which should occur just before the year end. i.imgur.com
Bearish divergence on 1hr/4hr + Feb 2012 fractal on unfolded log chart: i.imgur.com Let's try this
Just putting it here for myself too see if it works out My target is ca 7200 (could go lower, but I don't want to miss it) Bedrock support which BTC has enjoyed over the years: i.imgur.com Unfolded log chart (deducted support): i.imgur.com Future...
It's too early for a continued bull run -- a new ATH will not happen this year. If it does we are looking at something close to 50k, and then back to 10k. No one wants that. However I try to extend the current chart to go upward (in a more macro setting, not shown here), its just does not look natural. I don't think the current situation is explicitly bullish or...
I have my beer, energy drinks ready, live BTCUSD feed on my big TV, gonna make a party out of it. Let's catch this knife
The famous 4chan Bitcoin prediction made by Anonymous in January 2019. April and July seem on track. Whatever happens sell when monthly RSI reaches 96. Sorry, can't post external links because not a pro account