good morning, seeing an alternative path right now. it's a lot less likely to the first one i shared yesterday, but it's very much possible. a lot of people are excited right now, expecting higher prices after this little move up - but we're in a complex correction here, and complex corrections are known to trick the majority. it's very possible we raid the...
*This all for fun and is not financial advice* I believe we will break out and confirm the break out with a fall on the resistance line making it support. That should be the last flush out and it will cause max pain in the markets which will set up the next bull run. Have fun, trade at own risk or just hodl. Far out prediction 189k November 2022
good evening, i was observing the order flow all day today, and it's quite apparent that there is a little phase of accumulation taking place in this range. gotta lean with the original case from here, with a slight twist. think we see a move up to about 46k in the next 9 days. max pain on $2,039,677,024.46 worth of premium for the monthly cme expiries this...
In my most recent analysis, I had laid out the path for us to get to $57k-61k as the next levels of resistance that we need to hit. However, over the past few days, I've changed my view on $BTC going higher from here as it failed to get above the $52k level and hold. Now I think the most likely path from here is for BTC to fall to the $30k range -- either...
Alright, updated all of my previous analyses w/ thoughts that we're bouncing here rather than seeing further downside. The initial support at $39k was hit, and while I thought we'd see further downside before a move up, it looks like we're bouncing here at $41k and holding support. I think the most likely scenario from here is for a bounce higher to play out...
quick update to my previous post via 👇 --- the bears have been having an absolute ball over the last few days they've been super excited, thinking we're going to 30k or something (lol) i am the bear slayer and i'm calling for a short squeeze within the next 48 hours if you are a bear, and you're reading this just know that you will be slayed. ✌
no, not yet young grasshopper. ----- looking like a classical wxy as of this morning will reject one of the pink levels on my chart - i take profit on my long at every single one \ move my stops up higher into profit as we go. wxy's can take time and are extremely corrective moves, so this last dip could take another 1-2 weeks to play out before we finally...
hello there, thought i'd share the bear case - just in case there was any bears out there hoping for lower prices (lol) i'm not on either side, just a guy who plays a violin on the titanic. make money going up, down and sideways - so wherever it goes, is where you will find me. --- firstly, we must break above 43806.53 to invalidate the bear case. if we don't...
In my last analysis here's what I said: "Now I think the most likely path from here is for BTC to fall to the $30k range -- either stopping at $39k, or potentially testing the $34k region in the worst case scenario on this next move. Then, I think even if we find support at $39k in January and if BTC bounces higher from there (even up to the mid $50k range or...
good evening - looks like we are taking a slight turn to the expected scenario, and are playing out what i had originally anticipated via 👇 -- the pull back that follows in the days ahead will determine the outcome of the next big move. if it moves down in 3 waves to the bottom of the local range, then it's an easy long if it takes out the lows in a 5 wave...
hello hello, just wanted to share something on this fine day btc is flashing a weekly algorithmic buy signal today for the 4th time in history i outlined the last 3 times it flashed (not counting the covid crash, as that was a unique scenario). ------ what does this mean? well, it just means the weekly algos are ready to start marking up the price...
Are we in the bitcoin winter right now; Or has it not yet arrived and there is still another bullish leg left❓ As you probably know in order to have an bullrun cycle , something that drives the price ,is a huge volume and significant injection of liquidity to the market, which we have not seen anything special yet, compared to the previous Bullruns in 2013...
good evening ~ little update to my l.d post (find it near the bottom of this text) ----- i think we're playing out an expanded flat for this wave 2 have a feeling we're going to raid the local highs, as well as the local lows before beginning the ascension to 50k+ ps. this is only an idea, nothing is certain in these markets; trade with much caution. ps2. a...
@Memetocene just pointed out something very important on the chart that i completely overlooked - big thanks. --- we have confirmed a bearish death cross between the 55\200ema on the daily today. here's a couple other times it happened ~ --- so here's my take on this. if you're taking longs - make sure you have a strategic exit plan. while the short...
good evening, looks like we've got one more leg to go in this five wave impulse. at first glance it looked like a leading diagonal that completed this morning, but after further examination of the wave structure it looks like we've got one more higher high to be made before we see a larger dip into wave (2) of a higher degree. this move up will confirm a...
good evening peoples - thought i'd share my primary micro-wave count tonight. i do think we are nearing a local bottom (closer to the 17~18th of january) what happens from there is absolutely up for debate, but i do think we'll see a larger bounce once 37k algo target is met. most likely it'll be a move up to 48~50k before further capitulation to the downside,...
Good morning, I have waited awhile to make this post, and i'm finally ready to release it. This is an update to my previous prediction when we were near the peak of the November move via 👇 Have done a video on this exact count awhile back nicknamed "The Genesis Count" talking about my reasoning behind all of these targets in very much depth. --- In this...
If we zoom out to see bigger picture of bitcoin it's sideways from past various weeks. Even compromising 39k support will make it just a swing low. Sentiment can change into bearish going below 28k which will be a lower low. While above 69k it'll become fully bullish. Right now it's just in a neutral zone.