bit_general

Bitcoin - a 2023-26 plan

Long
INDEX:BTCUSD   Bitcoin
BTC repeating cycles;

Using historic cycle data , repeating cycle for supply and demand along with subtle gain and degradations.

Already tagged one target (previously predicted in august 2022)

Weekly macro targets - it awaits to be seen if we tag the 2022/3 DMA area (First red circle) prior-to or post 2024 halving.

We should see a liquidity grab $19-21k area at some point (next green circle).

A small pump into pre-may 2024 halving, fast drop after and then pretty much up - only bull run into late 2025 top - signalled by divergence.

i think at this rate, the 2026 drawdown will be fast, and brutal.

SPOT + CHILL
or
SWING + COMPOUND

Both will in out eventually, just a question of % gains.



Trade closed: target reached:
Weekly target hit, system says down - there is a chance we see a bulltrap in the next three weeks though, by way of weekly bearih divergence - beware.

if not, next target shown. now 2/2.

Amazing how all the PA narrative has been attuned to ETF. Do not follow influencers - only the chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.