[UPDATE TOTAL MARKET] WHEN WILL THE BULL MARKET END?
Hi guys,
I UPDATED MY PREVIOUS ANALYSIS (SEE THE RELATED IDEA BELOW).
IN APRIL I WROTE THE FOLLOWING:
"1) Based on the first macro Fibonacci extension and the fib circles, it looks likes we are approaching the next crash which will occur in May (-40%-45%?). This is exactly what happened in the previous cycles. The crypto market will go down once it reaches 3.2T$
However good news. This is not the end of the cycle.
2) Based on the second macro Fibonacci extension , the fib cycles, and the fib time zone, it looks like we will top out between the end of Aug and Sept. This is exactly what happened in the previous cycles. The crypto market will go crash once it reaches 17T$.
I'm not sure there will be a super cycle.
Apr 17
Comment: The crash of May could be triggered once the crypto market reaches 2.7T$ too (3.618 Fibonacci). Therefore, let's say that the range for the crash could be between 2.7T$ and 3.2T$.
(might be wrong but I'm pretty there has to be crash before the last pump.
The same for the final crash. It might be triggered at 14T$ (3.618 Fibonacci. Therefore, let me say that the range for the final crash could be between 14T and 17T$.
See you at the top
Apr 22
Comment: The point I draw could be not super perfect! The crash/slow down could have already started in April and could continue in May? That makes sense --> we are at the 2.618 Fibonacci level."
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WELL IT DID HAPPEN EXAAAACTLY AS PREDICTED.
NOW I'M SEEING TWO SCENARIOS:
- SCENARIO A - shorter timeframe
- SCENARIO B - longer timeframe
Enjoy.
I UPDATED MY PREVIOUS ANALYSIS (SEE THE RELATED IDEA BELOW).
IN APRIL I WROTE THE FOLLOWING:
"1) Based on the first macro Fibonacci extension and the fib circles, it looks likes we are approaching the next crash which will occur in May (-40%-45%?). This is exactly what happened in the previous cycles. The crypto market will go down once it reaches 3.2T$
However good news. This is not the end of the cycle.
2) Based on the second macro Fibonacci extension , the fib cycles, and the fib time zone, it looks like we will top out between the end of Aug and Sept. This is exactly what happened in the previous cycles. The crypto market will go crash once it reaches 17T$.
I'm not sure there will be a super cycle.
Apr 17
Comment: The crash of May could be triggered once the crypto market reaches 2.7T$ too (3.618 Fibonacci). Therefore, let's say that the range for the crash could be between 2.7T$ and 3.2T$.
(might be wrong but I'm pretty there has to be crash before the last pump.
The same for the final crash. It might be triggered at 14T$ (3.618 Fibonacci. Therefore, let me say that the range for the final crash could be between 14T and 17T$.
See you at the top
Apr 22
Comment: The point I draw could be not super perfect! The crash/slow down could have already started in April and could continue in May? That makes sense --> we are at the 2.618 Fibonacci level."
-----
WELL IT DID HAPPEN EXAAAACTLY AS PREDICTED.
NOW I'M SEEING TWO SCENARIOS:
- SCENARIO A - shorter timeframe
- SCENARIO B - longer timeframe
Enjoy.
