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Here is the calculation that show $13k as the bottom zone for Bitcoin
Pi calculation show the bottom:
1st cycle top: $31.91
31.91×0.2 = $6.382
BTC 2nd cycle top $1240
1240×0.4 = $496
BTC 3rd cycle top was $19804
BTC 4th cycle top was $69000
ETH 2015 - 2018 ride
ETH 2020 - 2024 ride
I think we are far from being done here. With ETH 2.0 more ETH are being burned, less ETH supply.
And yes many shitcoins will not survive, so ETH is one of the safe bets. We will stay sidways for a while before market start recovery in 2023
CHZ in overbought level and could form cup & handle soon after heading toward hard resistance point. Should get a rest soon before continuing up to higher targets. If you are in it, hold for another leg up and book % of your profit, if not in it then wait for correction.
And also the reason for Fan Tokens pump is pump of CHZ as fan token on CHZ network.
Nothing to say much more, here are the finding in the chart
Updated since the last chart
If this fail, then yes we will see less than 17k But I think the next correction will be a retest of 17k similar to what happened in 2015 after hitting the bottom we went sideways and then re-test the bottom, then rally....
On a weekly time frame, we can notice previously on average 50% drop after SMAs cross over.
Also, the RSI here after hitting 17k gave us an extremely oversold signal.
In 2015, we stayed sideways after reaching a similar point.
In 2019 couple of months of sideways and then we bounced back up and then corrected again.
And now we are entering October, which...
Let's take a look at the incredibly accurate timing of the Shmita Year as it impacts modern history in the realm of finances, economies, and empires:
1901-1902 Shmita Year - 46% U.S. Stock market value wiped out.
1916-1917 Shmita Year - 40% U.S. Stock market value wiped out. German, Austro-Hungarian, Russian and Ottoman Empires collapsed. Britain, the world's...
VIB here can follow the other low-cap coins such as NEBL, QLC pump
Usually, these coins pump during the pre-bull season .... let's see
The last time I did a chart for VIB was in 2020 and hit all targets.