Fractal
BTC | FRACTAL | Fractal that leads to new ETH ATHBitcoin has been trading stable around 95K, a good indication that the bull run still has some more cards to play for altcoins.
Ethereum, Doge and SOL for example have not yet made new all time high's, indicating that the bullish cycle is far from over.
There's a saying that leads something like "it's not over until someone sings" - well, in this case, the bullish cycle is not over until Ethereum makes a new ATH.
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BINANCE:BTCUSDT
DOGE | BTC | ATH Still Coming Like ETH and SOL, DOGE hasn't exactly made the dramatic ATH that Bitcoin has made - and we're still waiting for the glorious Altseason.
Like I explained in the previous idea, this isn't a bad thing and neither does it indicate the end of the bullish season - instead, it likely points towards a multi-month playout that eventually leads the Alts to new highs.
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BINANCE:DOGEUSDT BINANCE:BTCUSDT
BTC | FRACTAL | Multi Month to Higher High?BTC has been full of surprises - but I'm not complaining.
Initially, I was following a strict Elliot Wave Theory pattern, which played out extremely well - until the price shot out above the target.
I then re-adjusted the target to just under or just over 100k, which hit shortly after. The most interesting part though, is actually Ethereum. The fact that ETH has not yet made a new ATH after the dramatic BTC high, likely tells us the bull cycle is far form over.
I've been making a few updates on ETH and Altseason, and how you use the BTC.D chart, the BTC chart and the TOTAL# together to get a clear indication of where we are at in the cycle.
I've done MANY updates using this chart, because it is such a powerful combo to use. The fact remains - we have not yet seen a new ETH ath. This raises flags (and in the best possible way) indicating that the bullish cycle is not yet over.
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BYBIT:BTCUSDT COINBASE:ETHUSD
ETH | FRACTAL ATH $6000 | Bitcoin Overlay I'm still anticipating the new Ethereum All Time High .
I just don't believe that BTC will make such a climb and ETH stays behind - it hasn't happened before, I don't believe it will happen this time.
What has happened before, is an interesting topic - ETH usually makes its ATH AFTER the BTC rally, about when the cycle comes to an end. We see this playout during the past two peaks. Ethereum stays fairly low beneath it's own previous ATH , and shoots out above BTC just when the cycle ends.
Using a fractal form the previous cycle, this puts an interesting target on ETH.
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COINBASE:BTCUSD COINBASE:ETHUSD
BTC : All Time High IN - OR Multimonth Playout?Bitcoin has begun a steep drop, and it's likely that the ATH is priced in. This fits my previous idea that the ATH would either be just over or just under 100k.
There is, ofcourse, another option as well - a continuation over the next few months. This is likely if the price of BTC follows a fractal of the previous cycle. It would become likely if we see a strong bounce around the 81-82K zone, pushing us up into the 90's.
But, at the moment, I'm leaning towards the idea that the ATH is in.
It would also makes sense for the ATH to be in, from an Elliot Wave Theory perspective, since we've made a perfect 5 waves. If this is indeed the case, we can look forward to a few more rallies in the altmarket.
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BINANCE:BTCUSDT