If Bitcoin is entering a Supercycle Phase then I imagine it looks something like this. Parking this here so I can press play in a year or two and see what happened. Peace, Love, & Crypto, B166er
Double-bottom -> break-out -> break of the descending trendline -> now a re-test of the trendline and MA's -> I think we will be soon ready for a bullish move!
I did this analysis on SPY last October. If you put together context and history on this chart, It's hard to ignore a potential painful scenario. Here are my thoughts. 1) If the markets are truly fundamentally cyclical, we could imagine the past being just versions of the same phenomenon : "When we're highly over-extended, old profitable bags are being sold to...
2013; bitcoin suffered a big correction, it went down around 87%. 4 years after that correction began on 2017 another huge correction took place, this time bitcoin went down around 81% and also 4 years after the 2017 correction on 2021-2022 a new correction might have began? Well I actually think we are actually about to see how btc dumps, probably to 20k, due...
wwyd if ? ... (Tradingview requires you to write a long description for trading ideas but this idea is simple. WWYD ? Answer in comments below :D) Featuring: Bull or Bear Trend strategy, a private unpublished strategy which I created myself for swing trading bitcoin. Resulting in 1000s of % profit and expertly dodging bear markets while benefiting from bull....
Hello Everyone, I made this analysis on the monthly candles and i tried to be as simple & Basic as possible to nail it! and i think i just did! Last A.T.H Elon tweeted a picture showing the chart price at 69,420 and we've got the 69! so i guess the 420 is the date for the supercycle A.T.H.? And finally according to the FIB tool, 130K should be a reasonable...
Lengthened super cycle is looking confirmed to me.. "Super cycle" doesn't mean up only in parabolic fashion Booms and busts are going to happen repeatedly which is good news for re-accumulating positions Once we leave this zone there's no coming back IMO Stock-to-flow is BS On-chain analysis is BS This post is BS Bitcoin going up is not
I know many of you will not like this idea. It is a pure speculation based on how the different values like time and percentage decline or rise. I know that time is completely impossible to predict, even prices can range dramatically +-1k%, so my purpose is to share my price view as realistic as possible. Every super cycle consists of two smaller ones. It is...
Dear Traders and Hopeaholics alike, 3 DAYS... YES, 3 DAYS before the March 2020 low... I told you of this CRAZY BULL RUN we were about to experience. I am the self-proclaimed President and Founder of HOPEAHOLICS ANONYMOUS (or HA for short), and they laughed and laughed... And then... there were BEAR TEARS. As always... I'd like to remind you, so far my...
Just a thought. I adjusted my initial BTC chart plot for Elliott Wave (expanded flat 3-3-5). Not financial advice since I'm not really sure or confident of marking the Elliott Waves. Is this the bearish outlook that @BCBacker had warned us before?
Quick update on ETH here.... its dominance is growing, less and less ETH available to exchanges could see the price rocket, huge fund advisors like Pal going very bullish but lets just assess the situation first, we saw flash crash last friday just outside midweek market hours and if bears take control, we need to see where ETH is likely to follow.. fib levels...
Just an idea not backtested by anything or supported except 2017, late-volatile run before parabolic boom in late december. **I have backtested strategies for both sides, if btc goes either way. So, take this as a grain of salt.
I'll be the first person to call myself a Bitcoin bull. I have been daily cost averaging Bitcoin as an investment for a while now, but I am also realistic about the asset and know that no amount of hopium can make what I want happen unless the market wills it to be so. So, with that preface, I give you my projection for the next year. As with all long timeframe...
My personal time learning to do TA especially with bitcoin is to try and find multiple outcomes both bearish and bullish. I have seen too many in this space get too deep into a one-sided bias and watch their losses be quite substantial because of it. Mostly that has to do with expecting bitcoin, or any asset for that matter, has to hit a specific target and get...
Exciting times for Bitcoin and crypto in general. 2020-2021 Bitcoin bull run has been insanely similar to 2012-2013's bull run. Especially when it comes to price action. In both cycles April has been the mid-cycle top followed by a 3 month re-accumulation period. Q4 is also off to a great start. The RSI has been a very useful indicator, in 2013 the local top and...
Teleportation into the sell area 4.618 fib ($80k) - 8.618 fib ($146k), then testing of previous ATH ($65k) and last run to ~$300k. This was written by me in December 2020:
As you can see, the bullish divergence during the Accumulation zone catapulted us from 29k-53k. We are in the same position now. Daily MA20 is 57k and will most likely be our support bounce before we hit our 80k PT in November.
This is my attempt to chart the super cycle with curving trends. This approach is more artistic then technical so don't put the house on it.