This post presents a potential top for BTC Price Action (PA) for your confluence and Risk Mitigation.
I do not care if I am wrong, and invite constructive comments to improve the count and enable everyone a more holistic understanding of BTC PA, rather than destructive comments that do not achieve anything other than show the community the type of person your...
I believe the ETF was simply a FOMO event to get exit liquidity for the big players, and the capitulation event of 2024 has been planned for the central banks, institutions to create a massive supply through liquidations
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
In the fog of war. The ETF shows the perception of future mass participation. We think the ETF is a buy, while Smart money sees this as a point of sale. Volatility will confuse the masses into selling at the wrong time like it has always happened. Fear will be the indicator on when to buy. Watch the news only to do the opposite or you will just donate more hard...
Based on previous cycles, measured days intervals between ATH-ATH, ATH-ATL, ATL-ATL. From there projected the entry points for the 2024/5 BTC bull-run. Price predictions based, once again on ATH from preivous cycles, where the multiples from cycle to new cycle diminish. 140k base, 240k optimistic prediction.
So I will preface this by saying..I believe almost ANYTHING is possible in Crypto. Exchanges have varying liquidities, and it's a relatively new asset class. So 12k wick possible... Sure. It's not in my top 2 or 3 base cases right now however. That being said...
I primarily have 3 "possible" paths I see for BTC at the moment, Green and Red spends time in this...
There will always be volatility with COINBASE:BTCUSD Bitcoin and the CRYPTOCAP:TOTAL Crypto space but it's patience and structure that keeps me involved. It's in the code; the pattern will repeat itself! The BTC ETF news this week was excellent for people of America. We are still in great shape.
Still Bullish on the Weekly! #FollowTheSignals...
Since ancient times we have seen the golden as the most satisfying geometric ratio, it can be used to analyze the proportions of natural objects but also artificial systems such as Bitcoin. I believe in the golden to be the most influential level in markets.
Last cycle, i published the fractal Bitcoin followed during the first 2 pre-halving cycle’s and except...
This chart is to show anyone still on the fence about buying bitcoin, weather the bottom is in and if bitcoin is about to enter a bull market.
Lets take a look at this 2 week chart of bitcoin with three indicators.
1 CM ULTIMATE MA
2 PI CYCLE BOTTOM (only the short MA to keep it clean)
3 TRADERS DYNAMIC INDICATOR (TDI)
All three of these indicators are...
Bitcoin is now out of a bear market and is in it's initial phase of the bull market. That's not what the news is saying. The news says the worst is yet to come, I don't agree. Let's have a look.
First, the green and red zone is Gaussian Channel. It turns red in bear markets and green in bull markets. Once it turns green it stays green for the entire bull...
The 2023 bear trap
AS we can see on January 20th Bitcoin broke the down trend it has been in for over one year now. Recently the resistance was tested and was made in to support as Bitcoin took a strong bounce off of it. WE can clearly see this in the chart with the highlighted oval.
Above that we have the bear trap zone and the fomo zone A break and hold...
So i tunned this indicator in such a way that the top represents volume and a period. Which current action is either underperforming or over performing the past previous period. Same with the bottom indicator is set to price action.
The bottom indicator more importantly being in the RED whilst inclining for some period.
The top being green seems to me as if I...
🔴 All Time Low
🟢 All Time High
🟠 Halving
After ETF Approval, BTC hit the 50K and then retrace to the Supports.
1-Support: 40K to 38K
2-Support: 32 to 30K
⚠️Keep in your Mind⚠️
Institutions Never ever want you to make Money.
If ETF approves, then Institutions create FOMO in retail investors. When Retailers fill their bags, Institutions Dump the Market using a...
As you can see from the chart, if you measure how many days before a halving, did the cycle low occur.
For ex, in November 2012's halving, ~373 days before btc found a cycle low, projected into the future, ~373 days after the halving, a cycle top is in.
Same thing with 2016's halving.
Cycle low ~540 days before the halving, projected into the future ~540...
