Brodie

Brodie Updated 

Bitcoin Cycle Accumulation Zones -150W & 200W SMA Historically during BTC cycles as measured from Bitcoin halvings, investor sentiment reaches over sold levels which have attracted long-term accumulation by investors. In each cycle to so far, the 150W SMA and the 200W SMA have done a good job at identifying this accumulation zone. We have seen so far in each...

Brodie Updated 

Bitcoin Cycle Accumulation Zones -150W & 200W SMA Historically during BTC cycles as measured from Bitcoin halvings, investor sentiment reaches over sold levels which have attracted long-term accumulation by investors. In each cycle to so far, the 150W SMA and the 200W SMA have done a good job at identifying this accumulation zone. We have seen so far in each...

Brodie Updated 

Bitcoin Cycle Accumulation Zones -150W & 200W SMA Historically during BTC cycles as measured from Bitcoin halvings, investor sentiment reaches over sold levels which have attracted long-term accumulation by investors. In each cycle to so far, the 150W SMA and the 200W SMA have done a good job at identifying this accumulation zone. We have seen so far in each...

Brodie

Bitcoin Cycle Accumulation Zones -150W & 200W SMA KEY CHART ITEM LEGEND * TEAL LINE (LIGHT BLUE) - 200D SMA * AQUA LINE (DARK GREEN) - 600D SMA * GREY LINE - 150W SMA * NAVY (DARK BLUE) LINE - 200W SMA * Navy Box - Re accumulation Zone Time Frames Historically during BTC cycles as measured from Bitcoin halvings, investor sentiment reaches over sold levels...

Brodie

Short Term TA - BTC 1h Chart A picture says 100 words

Brodie

A quick update from our previous discussion - BTC - Breakdown of Market Participants & Structure 1# * BOTTOM OF TRADING RANGE - It has taken us a little longer than the more bullish set-up discussed previous but we are finally at the bottom of our trading range and testing the Demand Zone (now 2 months later in early May - we considered the possibility we might be...

Brodie

Daily close today broke key trend line support. Retest of the ~$30K region seems like the likely shorter term outcomes for BTC. Bearish view points to consider over the long run from here if this scenario plays out: * Trading range Demand zone and fib level golden pocket support around the $28-$30 price region * Daily OB support at $23k and $19-$20K (also prior...

Brodie

Quick Post on the $USD * Monthly Bullish Divergence * RSI Breakout * Symmetrical Triangle (Pennant) Reversal Pattern Breakout Macro Outlook * FED tightening cycle started Current State * Testing 2017 Local High Is this the path for $USD over coming months?

Brodie

Hopefully this chart is fairly self explanatory. GREEN & RED arrows correspond to BTC price movements. BLUE arrows correspond with $USD (DXY Price Movements).

Brodie

Quick update on this 200D (Aqua) & 600D (Teal) SMAs we have been following in this in this space. The weekly still has 5 days until we close, but we have definitively broken now the 600D SMA on the Daily and now breaking down as per prior cycles to areas discussed in my previous post. History shows us in prior cycle breaking down from the 600D SMA can be brutal...

Brodie

This post critically analyses how BTC has behaved after a cycle top with respect to the 200D SMA and 600D SMA, comparing similar periods to 2013-15 and 2017-18 (shown using blue boxes) to the current price behaviour (if indeed BTC has made it’s cycle top this bull run already). PRICE CHART The 200D SMA (shown in Aqua or light blue) and 600D SMA (shown in Teal or...

Brodie

So I thought I would put some thoughts together breaking down how I am looking at the Macro View of BTC at present, as there is a lot of negativity in the space right now and on CT (Crypto Twitter ). A good way to clear you head from the noise is to step back and look at the chart on the macro level (see the forests from the trees). For simplicity, this analysis...

Brodie

So I thought I would put some thoughts together breaking down how I am looking at the Macro View of BTC at present, as there is a lot of negativity in the space right now and on CT (Crypto Twitter). A good way to clear you head from the noise is to step back and look at the chart on the macro level (see the forests from the trees). For simplicity, this analysis...

Brodie

Another way I like to look at BTC's Cycles as measured by the halving's is using zones outlined by historically relevant Moving Average (MAs). Green zones represent historically good accumulation zones and Red zones historically good selling zones (not financial advice, any indicator should be used with confluence with other TA).

Brodie

A closer look on the previous idea "BTC - Heikin Ashi Candles W-TF" with the Trading Range that is 2021 applied

Brodie

A good way to look at BTC's intra cycle swings within BTC's Macro Bull / Bear / Re-Accumulation zones is to look at BTC using Heikin Ashi Candles on the Weekly Time Frames (W-TF). This show clearly we have been in a down trend since November 2021. A lot of CT (Crypto Twitter) is bearish long term atm. I have added the 100 Weekly SMA (Orange Line) and the 200...

Brodie

Same chart showing daily Order Blocks and trend lines.

Brodie

Showing Weekly and Monthly Key levels and OBs in this chart, we see the trading range that has been 2021 and what appears to be Q1 of 2022. Is this another gift to reaccumulate at the trading range lows or are we done with the bull run cycle of 2021 with a 3x from last cycle ATH and a double top in the mid to high $60USD range?