DragonFish1969

DragonFish1969

After hovering around the Golden 0.618 retrace for several weeks, with the constant awareness that even the 6k levels might not hold, I believe we are out of the woods and that we can officially call fall 2019 a re-consolidation period. Though we may continue to retest 7k levels in the coming 100 days before the halving, there are several signs that we have broken...

DragonFish1969

This is another iteration of a previously published chart, but simplified to drive the point home. Motivation Predicting the peak of BTC's next parabolic rally is critical for the profit-taking strategies of speculators and hodlers alike. For speculators, it's about knowing when to get out. For hodlers it's about how to grow your bags. Really, knowing the...

DragonFish1969

When will Bitcoin reach the peak of its next parabolic advance? Probably at roughly the same time it did in the last rally. This seems straight forward enough, but other trend analysis on this platform has variously projected the next bitcoin price peak from sometime just after the third halving in May 2020 all the way to sometime in 2023. While the earlier...