Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
As you can see we have a pattern of weekly bearish candles closing with very long tails and small bodies. Particularly the last two. The closer this candle closes to the open, the more likely it is that we break the SYMMETRICAL TRIANGLE pattern that is forming and we print fresh ALL TIME HIGHS. If this is repeated in the current consolidation period, it is...
I'm not bearish on Bitcoin until key levels are broken which haven't happened yet. Here's what I see if it happens. Usually Bitcoin will break in the current trend direction after a symmetrical triangle. If that is what's forming then expect price to print fresh All Time High's! If it were to break downward: If Bitcoin were to lose bullish steam and continue...
Here we are again...as selling pressure dries up...the bull market will continue. Possible Symmetrical Triangle continuation pattern forming. Stay tuned and let's goooooooooo! Peace, Love, & Crypto, B1666ER
IT DID IT! Cryptocurrencies surpassed the one trillion dollar total market cap as of TODAY! Things are going to start moving FAST now...be prepared! Peace, Love, & Crypto, B166ER
The moment we've waited three years for is here. The total crypto market cap is hugging its previous all time high. I've laid out the fractal in this chart. IF it breaks through...then I don't have to tell you what to expect. You already know it will EXPLODE PAST ONE TRILLION DOLLARS. IF it gets rejected at this point...then I don't have to tell you what...
The combination of hash ribbon buy signal and ascending wedge could propel Bitcoin far past the all time high around 20k. We see these all over the charts in Bitcoin. They have a high probability of breaking to the upside. Could also be a Wykoffian reaccumulation pattern. It's less likely the case but it could be a Wykoffian distribution pattern. Prepare for...
Seems like there might be a macro correlation between the two. I'll keep an eye on this. Hat tip to Crypto Kirby for putting it on my radar. Peace, Love, & Crypto, B166ER
The fractal nature of the Bitcoin price action cycles becomes apparent here in this chart focusing on when the 50 Week SMA is broken after halvings, leading to major bull runs. ENGINES READY FOR TAKEOFF...PREPARE THRUSTERS...10, 9, 8, 7... Peace, Love, & Crypto, B166ER
This is an interesting situation. There is BOTH a Regular Bearish Divergence AND Hidden Bullish Divergence AT THE SAME TIME at the 14k mark. Since this is coming from an uptrend I suppose the bias would be the bearish scenario. Good luck! Peace, Love, & Crypto, B166ER
On July 27th I posed the chart below and it has happened. And we will get more. Fun times ahead! Peace, Love, & Crypto, B166ER
The 50 and 100 SMA's smooth out Bitcoin's volatile price action and they have BOTH now broken their previous All Time High's. Bitcoin is following a similar trend after the previous halving and before the massive 2017 bull run. All systems are a go. Prepare for liftoff... Peace, Love, & Crypto, B166ER
Let's take a look at the monthly chart. Bitcoin is currently building support upon the 2019 bubble monthly closing tops. Very bullish. Hang on to your socks boys and girls. Peace, Love, & Crypto, B116ER
This Gold/Bitcoin chart looks like an inverted Bitcoin chart. Look at the RSI...you can easily mark Bitcoin bottoms with this chart. That's a solid buy signal if I've ever seen one! Peace, Love, & Crypto, B166ER
This chart shows why the 21 week moving average is important, and why it matters NOW and moving forward. Peace, Love, & Crypto, B166ER
I started publishing charts a year ago and all of my charts have stood the test of time. This makes me so happy! I love charting Bitcoin's macro trajectory and will keep doing so for years to come! Follow me for periodic insights you won't find anywhere else. I will point out things that NEED TO BE SEEN. Peace, Love, & Crypto, B166ER BULLISH: 1. 50 Week SMA...
These are the signs you want to see if you're hopiuming for a Bitcoin Bull Run. Bitcoin has been coiling up like a snake ready to strike at the ATH for years now. Of course the Market Makers gave us a beautiful Bull Trap fakeout as it bust through staunch resistance...but guess what? Bitcoin is now building support on top of that trend line created by the 2017...
2016, 2020 Peace, Love, & Crypto, B166er
Compare this chart from the 2016 halving with my chart of the 2020 halving: The halving makes Bitcoin cheaper to pump. So the insiders have to wait until the halving, shake out the weak hands, then pump. Hope this helps you with your life goals! Peace, Love, & Crypto, B166er