I want to start this out by making it clear I like Bitcoin in the long run. However, the euphoria in the market is at an all time high with nearly no fundamental justification. Price targets of $100k, $200k, or $1M within the course of a year or two are laughably wrong. Expecting a new commodity to surge past the market cap of a company like Apple is absolute...
- Our lives literally revolve around cycles: series of events that are repeated regularly in the same order. There are hundreds of different types of cycles in our world and in the universe. Some are natural, such as the change of the seasons, annual animal migrations or the circadian rhythms that govern our sleep patterns. Others are human-produced, like growing...
1. Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World. Named a Best Book of 2018 by the Financial Times and Fortune. This "thrilling" (Bill Gates) New York Times bestseller exposes how a "modern Gatsby" swindled over $5 billion with the aid of Goldman Sachs in "the heist of the century" (src : Amazon)
2. The term used to describe...
Dear Traders and Hopeaholics alike,
as the self-proclaimed President and Founder of HOPEAHOLICS ANONYMOUS (or HA for short) I give you BTC 16K annnddd NEW ALL TIME HIGH of 21K :).
Right now they are going to be reading this post and shouting HA HA HA HA HA everywhere I go. But as the President and Founder of HOPEAHOLICS ANONYMOUS , don't let me be the...
Hey traders, hope you all doing well,
In this chart we compared our current chart 2020-2021 with that of 2016-2017 and seeing noticeable trend rally pattern, separated the rally into two phases for better analysis.
Bitcoin after hitting $42,000 took a 28% price correction to $30,000 followed by a 4-D TF retracement to $39,000.
currently we find price ranging...
1. The first cycle of Bitcoin peaked at around USD20,000 in year 2017 which was coincided with Trump's 1st presidential term (20 Jan 2017). The second cycle of Bitcoin highly likely has already peaked at USD40,000 and also mystically coincided with Biden's 1st presidential term (20 Jan 2021). Why is that so? This is my lousy hypothesis.
2. Still remember when was...
1. Physically this is called bouncing balls effect.
2. The height of the second bounce should be lower than 1st bounce.
3. At altitude 60° of geometrical angle of acceleration rate, the price of Bitcoin will fall from its own weight.
4. This is not an advice to buy or sell.
Hey traders hope you all been great, its been a while i shared my charts as i'd been on winter vacation.
In this chart we compared our current bull market of 2020-2021 with the previous of 2016-2017 and
thereafter seeing noticeable trend rally pattern, separated the rally into two phases for better analysis.
From the chart we could see that in the first phase of...
1. Most professional technical analysts and chart hobbyist (including myself lately) expect a price correction to Bitcoin (as according the the Nature's Law, what goes up must go down)
2. But the market may surprise on the upside as this is runaway train and based on the laws of Physics, a fast moving object will continue to move until it runs out control and...
Hello.
I apologize for the chart format, just threw this together on my Galaxy s20 as I'm waiting for my flight.
A quick wrap up to my "Massive Move" series.
All the information you need is in the rest of the series. Please check out my previous analyses below. You will find where I have called each and every major move Bitcoin has made.
I don't post much...
