CoinChartist

CoinChartist P

Bitcoin 6W Bollinger Bands - Each time, after the bottom was put in, within 7 bars BTC hit the upper Bollinger Band. In 2019, it did it in only 5 bars. In 2023, our 5th bar just opened. If BTC were to once again follow this trajectory of hitting the upper BB within 7 bars, this would suggest that we'll see BTC at $64K or higher within 3-4 months or ~120 days. I'm...

CoinChartist P

I have removed the angles used to create each channels for easier visual digestibility, but uptrend and downtrend channels are based on the same angle. If Bitcoin were to be entering an impulsive phase, there is a strong probability that it follows the same trend angle, making this channel a possibility. I am publishing the content to see if Bitcoin follows this...

CoinChartist P

Although the sentiment is incredibly bearish and the world expects the stock market to underperform, it has left thin order books, low liquidity and volume, and an overly emotional state of the market. Considering how certain most analysts, traders, and investors are that a recession is already here, most are in cash, short, or sidelined. This state of the market...

CoinChartist P

I suspect altcoins get brutalized during the next correction for whatever reason, but BTC stands stronger - hence what I see in the BTC dominance chart. Alts are about to face a C-wave against BTC. The bottom of wave II in BTC.D happened when Bitcoin broke above its former ATH of $20K the first time in December 2020. In January 2021, it immediately turned back...

CoinChartist P

The Elliott Wave Guidelines of Alternation appears to be in full effect in BTCUSD - that is if the bottom of what appears to be a wave 4 is in. Wave 1 After the end of the bear market, we got what looks like a wave 1 impulse. Wave 2 is the first major corrective phase, which is where our story of alternation begins. Wave 2 In Elliott Wave Theory, wave 2...

CoinChartist P

I was able to accurately predict a breakout of BTC in 2020 by plotting 144 weeks from the 2017 ATH with a Gann fan. I believe that the Gann fan can also accurately predict when the next BTC peak will happen, around mid-June 2023.

CoinChartist P

Simply put, cyclically, it is once again time for Bitcoin to go up.

CoinChartist P

Bitcoin is about to blindside a lot of bears and embark on a wave 5 reminiscent of the final wave in 2017. I believe it will fill out the same channel once momentum flips and provide a blow off top in crypto for years to come.

CoinChartist P

Using the BTC CME chart as the most dominant chart, we what appears to be a fresh motive wave forming, starting from the 2018 bear market bottom. Wave 1 failed to set a new ATH, leaving BTC to retrace most of wave 1 in wave 2. Wave 3 was a massive leg up, followed by an expanded flat correction in the wave 4 zone. Wave 4 should not retrace into wave 1 or else it...

CoinChartist P

My EW counts and cyclical tools suggest there is one more rally in Bitcoin left before things get bad out there for all assets and we see a Great Devaluation event.

CoinChartist P

Elliott Wave Theory potentially provides us with a roadmap. When paired with cyclical tools like time cycles and a customized Fisher Transform from Moe_mentum, a new cycle blossoming from here is possible based on past cycles.

CoinChartist P

Litecoin could be a surprise performer for the crypto market in the days ahead. Regulation could push capital away from most other altcoins, while Litecoin gets a seal of approval that final gives it a spark. This expanding ending diagonal fits the theory extremely well.

CoinChartist P

Bitcoin has potentially completed its wave 4 expanding triangle, just as a cyclical timing model that shifts between impulses and bear phases suggests a new impulse. Elliott Wave Theory provides clear characteristics regarding each wave. The bear market began in 2018 after the 2019 high. The bear market was an ABC correction, with the B-wave as a triangle....

CoinChartist P

Read the characteristics of Bitcoin waves and you decide what's next.

CoinChartist P

The map is here if you want to know where we are going next.

CoinChartist P

When directly comparing and measuring the length of each bear phase, they each last approx. 14 months. Edwin “Sedge” Coppock discovered an oscillator after his church asked him to invest their funds. The idea was that market psychology should follow normal human psychology. Their studies uncovered that it takes between 11-14 months for a human to get over the...

CoinChartist P

Lets see if Bitcoin continues to follow this diagram from Justin Mamis.

CoinChartist P

I have become intensely fascinated with combining Elliott Wave Theory with Sine Waves to try and predict the shift in mood changes in Bitcoin investors. I spend a lot of time researching behavior finance, and this is the very best I got after weeks of study. I am publishing in hopes I look back at this and provide some type of map for those trying to navigate...