This year I predicted Bitcoin capitulation as early as late January. I knew that Mid to end of may was a big event.
Was it perfect timing , not really but we did get crash Mid May followed by capitulation shortly after so was off by just 3weeks it is pretty damn close.
Now for the next date I believe I will be even more accurate and predict the second capitulation. Bitcoin every cycle has two capitulations ,without fail we have created a double bottom every time.
Without fail every time we have come back down and retested the bottom .
Today I will reveal the next major Bitcoin marco event and that date is 26th June 2023 to 17 July 2023.
Why these dates? well let's take a look , a lot of things line up with this timeframe :,
1.Bottom of the weekly regression band as you can see is 13.8k during this timeframe , if this did play out it would hit right at the bottom of the green band just like the covid crash.
2. 13.8k (red dashed line) this area has major confluence with the 0.618 of the last cycle .
3. We have this orange trendline lining up for bitcoin like past cycles , what's interesting about this trendline is the first area lines up with the last pullback before the cycle top in 2017 and 2021.
The second area is the first capitulation like the last cycle (red) and the third I'm predicting will be bitcoin's second capitulation phase.
4. Really Powerful FIb time sequence , this sequence has predicted lets just say “big” moves.
The key here is finding out when the second capitulation will happen , last time it was the Covid crash , I remember when price was at 10.5k just before the crash and thinking well at this point we might not get a second capitulation and then bang there you have it Bitcoin capitulated and it just keeps on lining up with world events , so expect something big to happen in the world for the next.
So at this point you can see that my target for the second capitulation in fact won't make it a double bottom next year but a lower low. This has happened once before in 2015
price did go 3% lower on the second capitulation.
The fact is that the Dow Jones is inside a rising wedge
If this rising wedge breaks the chance of a 50% stock market crash is very high, if this did happen then Bitcoin price would be pushed much lower for the second capitulation this cycle , it would make history they would call the end of Bitcoin and that is the moment you go all in , if this unfolds you know what comes next.
I go over Dow Jones potential crash in this TA below
Which now leaves me to last piece of the puzzle which fits if Bitcoin has a relief rally like 2019 i will explain this theory with the Mayer Multiple bands
Every cycle bottom Bitcoin has come down to the last band and this year we did just that , touched it just like the covid crash it was just another piece of evidence that we bottomed.
So if my capitulation target is 13.8k then the bottom of the band July 2023 must be around 13.8k and if you just make a projection you can see that it is possible that the last band curves in for this date! But Bitcoin would have to put in some sort of rally.
So far the band is starting to curve nicely and maybe a run up to 0.5 Fib would make that projection happen, which brings me to the last point , are we going to get a rally up to one of these levels if so it would be setting up for the second crash.
Last cycle we ran up to the 618 as I showed above in the picture on point 2. This cycle who knows maybe we don't even have a rally but if we did it would most likely start in October.
You can check out that TA , I have a very strong fib date in October 2022 and if a rally does start from this month expect massive momentum for at least 142days , which would put the end of the rally mid February 2023.
Most of the traders are expecting capitulation this year or start of January 2023 but the next big move is July 2023. If I get this right I would be predicting two big crashes back to back and the crazy thing is I have the next 4 dates.
Honestly I don't know what will happen on this date this early normally 90days before I can tell what it will be , either capitulation , a top or a massive pivot of momentum but I will put this out anyways.
Was it perfect timing , not really but we did get crash Mid May followed by capitulation shortly after so was off by just 3weeks it is pretty damn close.
Now for the next date I believe I will be even more accurate and predict the second capitulation. Bitcoin every cycle has two capitulations ,without fail we have created a double bottom every time.
Today I will reveal the next major Bitcoin marco event and that date is 26th June 2023 to 17 July 2023.
Why these dates? well let's take a look , a lot of things line up with this timeframe :,
1.Bottom of the weekly regression band as you can see is 13.8k during this timeframe , if this did play out it would hit right at the bottom of the green band just like the covid crash.
2. 13.8k (red dashed line) this area has major confluence with the 0.618 of the last cycle .
3. We have this orange trendline lining up for bitcoin like past cycles , what's interesting about this trendline is the first area lines up with the last pullback before the cycle top in 2017 and 2021.
The second area is the first capitulation like the last cycle (red) and the third I'm predicting will be bitcoin's second capitulation phase.
4. Really Powerful FIb time sequence , this sequence has predicted lets just say “big” moves.
The key here is finding out when the second capitulation will happen , last time it was the Covid crash , I remember when price was at 10.5k just before the crash and thinking well at this point we might not get a second capitulation and then bang there you have it Bitcoin capitulated and it just keeps on lining up with world events , so expect something big to happen in the world for the next.
So at this point you can see that my target for the second capitulation in fact won't make it a double bottom next year but a lower low. This has happened once before in 2015
price did go 3% lower on the second capitulation.
The fact is that the Dow Jones is inside a rising wedge
If this rising wedge breaks the chance of a 50% stock market crash is very high, if this did happen then Bitcoin price would be pushed much lower for the second capitulation this cycle , it would make history they would call the end of Bitcoin and that is the moment you go all in , if this unfolds you know what comes next.
I go over Dow Jones potential crash in this TA below
Which now leaves me to last piece of the puzzle which fits if Bitcoin has a relief rally like 2019 i will explain this theory with the Mayer Multiple bands
Every cycle bottom Bitcoin has come down to the last band and this year we did just that , touched it just like the covid crash it was just another piece of evidence that we bottomed.
So if my capitulation target is 13.8k then the bottom of the band July 2023 must be around 13.8k and if you just make a projection you can see that it is possible that the last band curves in for this date! But Bitcoin would have to put in some sort of rally.
So far the band is starting to curve nicely and maybe a run up to 0.5 Fib would make that projection happen, which brings me to the last point , are we going to get a rally up to one of these levels if so it would be setting up for the second crash.
Last cycle we ran up to the 618 as I showed above in the picture on point 2. This cycle who knows maybe we don't even have a rally but if we did it would most likely start in October.
You can check out that TA , I have a very strong fib date in October 2022 and if a rally does start from this month expect massive momentum for at least 142days , which would put the end of the rally mid February 2023.
Most of the traders are expecting capitulation this year or start of January 2023 but the next big move is July 2023. If I get this right I would be predicting two big crashes back to back and the crazy thing is I have the next 4 dates.
Honestly I don't know what will happen on this date this early normally 90days before I can tell what it will be , either capitulation , a top or a massive pivot of momentum but I will put this out anyways.
Telegram Group
t.me/SporiaMembershipbot
t.me/SporiaMembershipbot