ILL_Midas

ILL_Midas

Alright, listen up, fam. Let's break down why Bitcoin's gonna hit that sweet $1,000,000 mark by 2033. First off, let's talk about FOMO, baby! Fear of missing out is real, and as more people catch wind of Bitcoin's potential, they're gonna be scrambling to get a piece of the pie. We're talking about a digital gold rush here, and ain't nobody gonna wanna miss out on...

ILL_Midas

Bitcoin (BTC) has seen a strong rally in the past 24 hours, reaching a new all-time high of **$28,456.00** per coin¹. The leading cryptocurrency has increased by **5.28%** in the past day and by **7.0%** in the past week, outperforming most of its peers². Bitcoin has also reclaimed its **50% market dominance** for the first time since 2021, indicating its strength...

ILL_Midas

Sometime in early Q2 of 2024 the Bitcoin network will experience it's fourth supply cut, Economically I am seeing rapid cooldown of inflation with month over month inflation currently sitting at -0.10 month over month 5 year forward expectation rate of inflation as of today is currently sitting at 2.16 only 16 basis points away from 2% target in my opinion...

ILL_Midas Updated 

Here we can see the PI cycle top flashed early much like 2013 In 2013 it was April fools day when BTC started its correction BTC reached the Center point of logarithmic regression around July 1 This correction was only 3 months in length I do see a similar pattern here, If this plays out like the super cycle in 2013 then my personal targets are: Center of...

ILL_Midas Updated 

Hard rejection off the 111 day MA, Totally wasn't expecting that. Definitely not expecting #btcusd to retrace to 30k

ILL_Midas

Here's where I'm supposed to put something meaningful in how I'm going to make an educated guess but I won't cause I'm guessing.

ILL_Midas Updated 

Here you can see I am a slow and patient bear who ate his oatmeal and slept away Q4 & Q1 For all the stores were bear as well, So I bought moar oatmeal. DXY looks like oatmeal Not that I know anything ser's........ I like oatmeal Me can only buy me oatmeal with DXY Not really feeling like explaining this........I'm sure me shall be shamed for loving me oatmeal...

ILL_Midas

Resistance at the 111 day moving average Looking for back test of support at 30k ultimately looking for it to fail

ILL_Midas

Summer is hot, And the bubble just popped! Sit back and enjoy the ride! Great things come to those who wait! After breaking the symmetrical contracting triangle It's certainly text book To retrace to the lower quadrant of that triangle before next run Minimum retrace acceptable for me is 9.5k around the 0.382 Maximum retrace speculated to be around 7k at the 0.236

ILL_Midas

Bear Market Confirmed Symmetrical contracting triangle on the weekly, broke out, retraced and initiated bull market, PI Cycle top was April 11th signaling the end of bull market, this occurred during a massive ascending wedge. Currently what I see is a massive head and shoulders on the weekly. Combined with Metcalfe law fair value at around 8k range on the...

ILL_Midas

Here we can see Bitcoin at critical resistance back below the critical resistance in January of 2021 where we seen a minor correction if Bitcoin continues up from here the highest probable level that I could see is the point 382 on the Fibonacci sequence thus I would expect Bitcoin to have major resistance there around 43,333 and that's only if Bitcoin continues...

ILL_Midas Updated 

Please share your thoughts and opinions. If you have any questions please feel free to ask. Above is my projected estimation of the next Bull Market. I will be executing a buy on or around March 26th 2020 From that buy I will be Holding my Buy until October 13th 2020 (TBD By Future Analysis) Stop Loss will be set at or around $4,200 Take Profit $18,000 (TBD By...

ILL_Midas

Here we can see the Bitcoin golden ratio sitting around 6.3 k on the weekly time frame which also lines up with the 200 moving average. It's important to also note that we do have a looming death cross currently in play and if this death cross plays out over the medium to longer term we could certainly in my opinion see Bitcoin test the 200 moving average to put...

ILL_Midas

As we move into the month of September we can see that Bitcoin is on the verge of entering a bear market will this happen today probably not but still possible I do believe this death cross will complete within this week if we do enter a bear market it could also be a very short-lived bear market ultimately pushing the death cross back up into a golden cross which...

ILL_Midas Updated 

The start of something new always happens on lower timeframes. The Great Transfer of Wealth is here. July 4th 2020

ILL_Midas Updated 

BTC to .618 weekly macro fib

ILL_Midas Updated 

Looking for a bounce off the trend line here.

ILL_Midas Updated 

Over the past three days I have watched the lower timeframes and have witnessed TD sequential flash a 9 on the 1hr all the way to now, The daily chart, what we have here is a double top on BTC at 11,463.27 and a 9 on TD sequential 😂 Gap fill at 9.7k, Not financial advice, Do your own research