Orriginal

Orriginal

Is #Bitcoin seeing the effects of that 618 Fib circle already ? It is possible that it is reacting early so it can break through on support, which means we may eventually see 59K USDT with either a Wick down or Full candle... I have a Spot Buy order placed in case. See how the last 2 Fib Circles took PA down to that level. The BTC.D chart shows us PA Still...

Orriginal

Many are asking "When will #Bitcoin push again" And while it is impossible to say , we can get pointers from charts and the BTC.Dominance Chart here gives us an idea that BTC.D will meet Support next week, around Last week April / 1st week of May Its a good idea to understand that just because BTC.D Rises, BTC does not always follow but the combination of the...

Orriginal

I am using the ATH points as reference to the 50 EMA ( Red) as we just recently posted a new ATH even though it was only a slight rise, the effect on the push has been significant on the MACD First thing to note is the different "distance" from ATH point to the 50 EMA below. This gives us an idea of the momntum of the Rise. The exponential moving average (EMA)...

Orriginal

Do you like to Dream ? Do you have ideas well above your "station" ? How does a near 500K Bitcoin by October 2024 sound to you ? In 2020, BTC PA broke out of its "Formative triple " Cycles and moved into its " Forever" Channel. This is a very simplified version of this. For instance, that orange Arc, is part of a Calculated fib Spiral, formed using the orginal...

Orriginal

Not posted this chart for a while..so...... My oldest Bitcoin Weekly chart still showing us the true state of things as far as I am concerned. And, as ever, LOOK at that red Fib circle... See what it did ? Thats a 7.236 Fib Circle on the Global scale. Not a Local circle by any means. Look at what happened previously. Rejection. And we come to the 7.618 around...

Orriginal

This is something I am seeing so many people asking and the only Answer is, "It is impossible to say jsut yet. Historically, if we look at the BTC.Dominacne Chart below, we can see that, on average, iit is around 200 days after Halving that we see ALTS seasons. This does not follow that Bitcoin outperform all ALTS however and it is worth noting that Just...

Orriginal

Bitcoin Daily At time of writing, we have 1 day and 18 hours till the Halving. And what will happen then ? On any ordinary day, I would say we are in the perfect position to move off the bottom of the range we have been in since late Febuary, even though we have only retraced -17%.. In that Time, #BTC PA reached oversold twice and maybe about to do it again on...

Orriginal

Sometimes, its a good idea to look away from the PA and to take a look at the other info presented to us as people Buy and Sell #Bitcoin Two Major indicators for me are the MACD and the RSI. The image here is the DAILY #BTC chart for those, since December 2022 At a quick glance you can see that Both MACD and RSI have reset a long way. This gives PA room to...

Orriginal

Something else to watch out for this Week is the #BTC OPTIONS expiry on Friday 19th April This alps happens to be the #Bitcoin Halving day. What Will this do to BTC ? This has NEVER happened before and previous Halvings were no where near the halving date The chart shows you recent options expiry dates and PA results. Bitcoin options are financial derivatives...

Orriginal

We just made a Lower Low and currently bouncing. Assuming that we are about to continue higher, we need a Higher High to confirm recovery. This would require breaking through 72800 USDT PA is no longer over bought on lower timrframes to the weekly, where it is still overbought. Be Cautious untill that point is passed and held.

Orriginal

A Still in Range. CME Gap Filled. PA moving into Neutral Zone on MACD and RSI close behind. This Week, we see the #BTC Halving and we also see PA bump into another Fib Circle, If PA is up near the current ATH line. Otherwise we hit that Circle Next week. As you can see, the last 2 Fib Circle PA has come across while in thie range, it went through and then rolled...

Orriginal

That CME gap that was created on 22 March has finally been Filled. For me, the pressure has been on PA to Dip back into that gap to fill it and so we have been ranging above it for weeks. This takes the battle lines between Bulls and Bears to a higher level. PA can move on. But will It ? Hong Kong just approved BTC And ETH ETF's. We may see outflows from USA...

Orriginal

Been posting this Chart for a while now and we are at the point of Decision. We are at Range Low and if we Loos this, we visit the1.768 Fib line with a possibility of further Drops - However, Support is strong. PA os oversold on many Lower time frames but the Weekly, the one that Really gives us power, is still overbought. We could see 55K USDT and that woudl...

Orriginal

I Keep seeing people Screaming and thumping the desk. WHY ? #BTC PA still in upper half of Range but, as ever, the possibility of a Drop is ever presant. But, for now, PA is holding up very well. I see people also scrambling to buy ALTS - But there is NO guarantee they will rise. Should BTC Jump up and BTC.D also rise, the ALTS will Bleed. And with that Fib...

Orriginal

The Chart above is BTC PA and the Parabolic rises to ATH but in this post, we are concentrating on a few surprising possibilities with the MVRV Z Score shown in the chart below. The Z-Score,(Green in the Chart) divides the difference between Market cap and realized market cap by the historic standard deviation of the market cap. Historically, this has been...

Orriginal

Drawing a trend line off the 2017 ATH and going through the 2021 ATH's and projecting along that path. Take the Fractal of the rise frim 2020 to the 2021 ATH andf Expand. The orange Fib Circles are placed off the start of the Rise in 2020. Zooming into a Day chart, see how PA reacts just under the 4.236 Fib circle...it got rejected for a few days before breaking...

Orriginal

This is another UPDATE on a chart I have posted in the past and it is continuing to show us a stunning level of repeating patterns, which, if it continues, will make 2025 a year to remember. So, Lets dive in a nd see what we have here before I show you whats to come. The RED line is the 50 week SMA and the Blue is the 100 From the 2013 ATH, it took 504 days...

Orriginal

This Bitcoin monthly chart shows us the Price Action ( PA ) since 2013 and a projection to Dec 2025. I posted this a number of Times since March 2023, showing the updates. I have super imposed the PA from the ATH of 2013 to the ATH in 2017. I anchored the 2013 ATH point to the ATH of Nov 2021 and, as you can see, Since that point, PA has followed that Fractal...