Bitcoin next cycle top (~December 2021), Yope BTC virus channel combined with amount of days estimate from 2024 halving to find a possible top for this ongoing Bull cycle. You can expect a lot of action in the very short future!
Hold on to your hats, because this ride will be sick! :)
Remember to take some profits before the estimated top, because price action...
Wassup moonboys, BTC just hit ATH in some exchanges :D. Congrats to traders who traded the bounce of the trend line and congrats to all hodlers. I have currently done some long term btc analysis and I found this from 2017. In February 2017 we got this rejection from ATH before getting through. This lines perfectly to our situation here. First around 10% up from...
Ok, so I expect a really nice correction of the market in December.
Why? :
1. From this level 18400 - 18500 I expect we will go 12.5k - 11.3k and last 9.7k (just under Sept low)
2. Retest of trendline (red)
3. Fib 0.618 is there
4. EMA 200 on 3D chart
5. There are HUGE orders just under 9.8k (Sept low) on every exchange ... What do u think? We chase them?
6....
Well Bitcoin mooved 9000% back in 2012-14 after halving and S2F spike up
&
another 3000% back in 2017/18
Now that 1500% moove towards 100K USD per BTC doesnt sound that crazy right ?
Track the long term call below
Chachain
-------------...
Hello my friends!
Currently, many see a small correction. Let us look into the past. We can learn from it. The last three times Bitcoin behaved in the same way. So why should the price development be different after halving?
The monthly closing price is important for Bitcoin. It is interesting that Bitcoin has never tested the monthly ATH again. The price went...
Hello there,
you should allready know no matter how long you trade or invest that markets and all of them got cycles as well as ups and downs in small waves as well as big tsunami one.
How long is a market cycle?
The financial markets are inherently cyclical and each “market cycle” has defined parts or stages. The three broadest stages of a market cycle can be...
I thought it was time to make a longterm chart, with all these wrong charts going around, hehe.
They are wrong because bitcoins support and resistance lines are NOT linear in the logarithmic chart.
I think that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing down on long timescales. BTC cannot just continue...
Hello everyone,
I´ve spend many days watching the Bitcoin tickers at many timeframes for many years and I realized this is the ultimate chart with important trendlines / gread & fear (based on RSI) / halvening setup which seems to be respected for many years & in my opinion from long tern perspective investing this Weekly chart is most important history based...
Historically, when RSI is oversold on the Daily and Weekly charts, expect a bounce to the upside. In conjunction with THIS oversold condition, the 233 EMA (yellow line) has acted as great support for bulls, especially at the end of 2018 Bear market and beginning of 2019 Bull run to 14K. It's important to note where the 233EMA is located also mirrors that of the...
Bitcoin continues to follow the most beautiful pattern in the history of charts. Look, I have been analyzing charts for well over a decade, and NEVER in my time as an analyst, have I encountered a chart with a pattern like we see in Bitcoin. The rising arc (in blue) has persisted since the days of Satoshi, and there is STILL no sign of failure. Looking back to the...
Hello everyone,
If you take look back in the history you can see every time when S2F (Stock to Flow/Blue line) indicator spiked up it was followed by crazy Bitcoin bull market and guess what ?! The Stock to Flow indicator spike up this week !
What is Bitcoin stock to flow ??
The Stock to Flow is a number that shows how many years, at the current production...
Using the monthly BLX chart of all Bitcoin data I was able to create this chart. I found that Bitcoin forms a triangle after each halving. Using the halving date vertical, and the previous all time high horizontal, the point at which it intersects the curved average line forms a triangle. If the past height and length of the triangles formed are a result of...
While BTC has dipped back down recently, we are still very much on track. In fact, we are still fairly far ahead with regards to our "fair value" logarithmic regression support band, fit to "non-bubble" data.
This market cycle will likely be a long one, so buckle up for the journey, and maybe one day BTC will flirt with the upper "peak" logarithmic regression...
