Breaking $BTC down into quarters..
Q1 ~ Alts ran all of quite impressively from New Years Eve pretty much until April 1st.
Q2 ~ Literally day 1 of Q2 we mooned, and found the top at the end of it.
Q3 ~ We're here now, Is this re accumulation or distribution? BAKKT launches in two weeks just before Q4.
Q4 ~ What do we think is going to happen?
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Bearish market and price action ín short term timeframes.
Break below bullish Trendline and overall price action trend.
Very good short positions right now, market about to...
We made adjustments to the wave map.
We expect the completion of the correction and the beginning of growth towards the level of 14000.
We recommend buying bitcoin at levels 9700-10000.
Stop loss of the scenario - 9500.
So this boring sideways phase of BTC is really testing our patience. But for how much longer can it go on? Well, if look at historical situations where we had very similar structures, this already happened twice. The first time in 2012, and then in late 2015/early 2016. Two things are happening which point to the timeframe
where a breakout will happen with a very...
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A quick comparison to 2012 shows that BTC will probably go sideways for a long time, and could dump down to the 9000 area.
It will probably hit the weekly middle bband at some point, as back in 2012.
This would also align with the halving timing, and the stock flow model, etc, showing the ATH to be reached in 2021.
Should it now suddenly pump and go past 13.9k,...
So it seems that BTC is not doing the gold chart fractal. It is now almost certainly ivalidated.
Instead, it does what it always liked to do best: Long plateaus after a small pre-rally.
This rally from 3k to 14k was really similar to the one in mid 2012, and the one in late 2015/early 2016.
And every time after such runups, btc like to relax for a long...
Good Saturday Tradies.
Buckle up and gear up for the next possible crash. All signs are pointing south.
A DIFFERENT PERSPECTIVE...
It has completed 3 super waves - meaning we are in the corrective phase of the super waves. I am of the believe that the recent uptrend was part of the corrective wave.
- MAs are all moving downwards (per my previous...
I am going to give you a potential BULLISH scenario not to be ignored... just yet...
My SUPER DUPER STRONG SUPPORT IS STILL INTACT RANGE $9,250-9,170
Now every time we have a small correction the crypto social media world turns doom and gloom double bottom $3,200, and I do not see this happening unless something totally disastrous happens.
I have not posted here for a while but I consider it my obligation to inform the general public about what is going on here. The so called influencers that are calling for the moon will dump on you starting next week. The Fear and Greed Index is now at 95 (Maximum Greed)! Do you want to wait to see it rise to 100? Well, you go right ahead. There is no...
Drop Alert Advisory & Dragon Wing Formation
Initial Result of the Original Drop Alert: Bitcoin Fell the Next Day down 700,00 from 10,850 to 10,150 and then it eventually fell to 9,940...
Look For an Abrupt Drop to the Surge Line for a Safe Entry Point on or before Sept. 14th/15th, which is when the Current...
As we can see on the chart BTC has breakout the trendline but we need a confirmation which must break and retest Pivot Confirmation zone at 10185 and then we can retrace to the 10350 target.
Otherwise, if BTC breakdown the 10k support again, it will go down again to around 9.8k or more.
Thank's a lot for reading.
The price of bitcoins has declined. This was a confirmation of our guesses about a possible decline below 9000.
We have adjusted the wave map and at the moment we expect a continued decline to the level of 8800.
For purchases, we recommend expecting good confirmations.
At the moment, bears rule the market.
Today we published an overview of one of...
The buzz around Twitter implies BTCUSDis ready to start climbing again, and at first glance at the daily chart, it's easy to agree. But lets take a look at the higher frames, which ultimately win 9/10 times when it comes to incoming moves.
Buy volume is typically generated in one of two ways
White Swan News Event
Massive price dump
As of the time of this...
I hope you were following along on my 61.8% fractal analysis as we called out this price move back on March 8th!
If you read through the analysis, I said it would make sense if we also got a pull back to the 61.8% of the impulse move and right now, we are at a...