EXTREME BITCOIN DROP ALERT - IT IS APPROACHING THE 82.5 DEGREE DROP OFF POINT
If you look at the Charts I have adjusted the Baseline to the actual downtrend Baseline, which is actually much steeper than the inferred baseline I was using with a drop rate of 615 per 30 Day Cycle... I was only using the inferred line so I could add text to the page and it seemed perfectly fine when it was trading above 9,000 , yet now I am almost positive it will drop below 9,000, and for that reason I adjusted the storm lines down to the actual baseline and was surprised to see how fast it was actually falling per Cycle... I have included one screenshot with both bottom baselines for you to compare and consider, and One with the Changes Complete, which was done because the drop rate doubled when we used the actual downtrend baseline... The drop rate went from 615.00 for a 30 day cycle, to 1,190.00 and you can clearly see the New Chart is extremely Accurate and we are dropping at very fast pace, which is quite shocking when I consider the next storm cycle that will hit right after after this one, and even more so knowing quite well the foot of this cycle ends at 6,500 with the last cycle band sitting firmly on the baseline with absolutely no room for a breakout before the next cycle hits...
The Trading activity for Bitcoin went past the Climatic Center Point yesterday for the 30 day cycle and it is Now Approaching the Steepest Part of the Bell-Curve that Tappers Down from a slight Slope where bitcoin was when it initially Dropped 700.00 two days ago, to a very Aggressive Steep Slope, with a Drop-off Pitched at 82.5 Degrees, which Bitcoin will fall into as it slides over the edge of the Storm Band with absolutely nothing to hold it up... If the Storm Cycle Runs as it has for the last two years, the Current Support will Suddenly Vanish as if it was never there and Bitcoin will fall as it has each time since the 2017 run to the top, which is when these Storm Cycles actually started, only letting up for a short spell in May and June, when Bitcoin ran to 13,849 and then strangely it started up again, right after hitting the top as if there was a hidden Light Switch or Power Button to Control its use...
Historically, when Bitcoin hits the Drop-off point with the Pitch at 82.5 Degrees (which never changes), it has repeated dropped 1,500 to 2,000 on cue, so be advised over the next 4 days that we will likely drop several times before we hit the bottom, just as we have in the past, and from where Bitcoin is currently trading, and unless the storm suddenly vanishes, it will leave Bitcoin somewhere between 8,400 and 8,900, before the trouble finally ends...
The Downtrend Baseline drop is so steep in combination with this Storm Cycle, I will follow-up with Adjusted Charts with the Actual Baseline for both the 28 day and the 30 for both 1 hour and 4 hour views...
Even if it takes all Night to do it, I will post them by the morning; for now, please look at the Chart I have already adjusted for the 4 Hour, 30 day Cycle; it is quite alarming and we are near on the Drop-off Point...
30 Day Storm Cycle 1 Hour View
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30 Day Storm Cycle 4 Hour View
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Bitcoin Broke Back Mountain (1 Hour) R Purple (28 Day Cycle)
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Bitcoin Broke Back Mountain R Purple (4 Hour) 28 Day Cycle
