I've been looking for a harmonic connection between halving dates and bitcoin price to predict next BTC price for long term. i studied some of good analysts charts and saw the price movement in some curved channel. Thanks to Fibonacci sequence i could find some accurate connections and found below facts:
A = 1 fib. time period is ~180 days in BTC weekly chart (6months) B= 6th Jun 2011 is the start for counting fib. time zones. C= after each halving we have 2 major levels which one of them is the peak. it happens right at the next fib. time zone after halving * D= first price level will be 87% of the next peak retracement (fib.). * E= first level will be next market bottom price of next peak. this can give us the next peak ! * it exactly happened in last 2 halving with super high accuracy.
+ Green vertical lines are fib. time zones. + Black vertical lines are halving dates + Blue horizontal line are fib retracement of the main after halving wave.
this means we can see bitcoin price in November 2021 at 90000$.
Share your ideas.
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Working exactly as predicted
Trade active
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Still working
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if we consider 65k as Cycle top then our market bottom will be located at 15.5k. if we saw "spring" from Wyckoff accumulation around 27.5k then we will be back on track for possible bull run continuation. watching market closely !
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27.5 not touched but 28.8k did. here we are... We are not at top yet
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Okay, finally market top settled at 69k. by the way PRZ timing worked awesome (November). now it's time to see some consolidation
Trade closed: target reached
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Hello Dear bitchargers! I'm back to update this idea. as you see it's still working perfectly but i think update is necessary. Consolidation time is over! 15.5k indeed was the bottom considering 69k peak as liquidity exit. there will be volatility ahead of us but i can hardly imagine seeing lower than 15.5k. Follow us for more detailed analysis.