Sawcruhteez
Short

BTC Bubble Comparison - Monthly Chart

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. What you do with your $ is your business, what I do with my $ is my business.

The monthly Stochastic and TD' Sequential are showing multiple similarities as 2014 - 2015. The last buy signal did a great job of calling the bottom and it also lined up with a monthly red 8. If that pattern continues then we should get a $2,880 bottom in February 2019 and then it should take 12 months to close back above $6,400. This lines up very nicely with the most recent Bitcoin' Bubble Comparison that I did on the 3D chart.
My theory is based on several months ...
The break of the critical area, there will be possibilities to happen as foreseen in the monthly/weekly chart ... Fib. 0.786
Given the previous top at $ 1200, but I believe it does not reach this level ...
+1 Reply
Possibility of a large low ... $ 1200
+1 Reply
Sawcruhteez PoupeBitcoin
@PoupeBitcoin, I agree that $1,200 is a possibility for the low. That unfilled gap from April of 2017 has had me very concerned ever since. My plan is to buy heavy at $2,880 and save ~25% of my powder for < $2,000.
Reply
Did also analyze last cycles.
+1 Reply
ATCG ATCG
@ATCG, I do expect this cycle to be faster. Mainly because of all those new crypto that came to existence last cycle. This will accelerate the whole new cycle imo.
+1 Reply
@ATCG, Beautiful chart, thanks for sharing! I agree with your projections leading up to and following the next halving.
Reply
what if the price closes > 6390?
+1 Reply
@moviestar, Then we will get a price flip on the monthly TD. Instead of the setup continuing with a red 3 it would flip to a green 1.
Reply
3000 Feb 2019, 1200 Avg 2019
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out