bordev

bordev

Just sketching some lines to determine where the new top will be...

bordev

assuming capitulation days since halving increases each halving we can estimate te final capitulation moment and price to deploy some capital

bordev

Applied log scale fibs on BTC using the AMZN fractal of 2008 as an example.

bordev Updated 

Btc futures selling will decrease while institutions will keep scooping up spot. Expecting no pumpage or dumpage but price slooooowly grinding up to 52k resistance...

bordev

just some fib price extension that seems to have happened around 2018. I can see it repeating it in the 2021 cycle.

bordev

Will price just like 2013 make this incredible jump?

bordev

retest and then up only

bordev

Some more air needs to be released from this over leveraged crypto hopium balloon to shake out moooooore weak hands.

bordev Updated 

ETH parabola heating up targeting 2300usd in coming weeks

bordev

btc dipped in 2017 not returning to previous ATH. Same thing is happening in 2021 following a recovery to 40k and then after a little sideways 50k - 65k range.

bordev

Before the run in 2016 we had 3 touches before breaking resistance. We all know what happened after. It's like we're at that same junction point right now the bear/bull equilibrium area of 9k - 10k area supports this idea.

bordev

So it's probably not going to be there. So big question is: shall I buy more around $8300???

bordev Updated 

Temporarily recover from correction. Sell before more selloff

bordev

Seems majority of longs were stopped out by the big dump. Hopium for a BTC < $6000 to get back in is enormous. BTC probably doesn't work like that, looks like A will repeat itself into A' on a longer time scale. It will retest the 8300's and test 9000's then who knows what will happen. 11k ?

bordev

With RSI overbought chances are slim we moon from here. Fake rallies then real dumps like in whole of 2018 has bigger probabilities. We have to wait another year to go long...

bordev

In 2014 after 1162 ATH we had a first big dump all the way to 382. From that dump we went -60% from that price to 152, Jan 2015. If the same 60% drop repeats in 2019 the we should long 2400.

bordev

- Prices manipulated straight to 3k, institutions are in a hurry to accumulate. - HODL'ers already rekt. They will not sell 3k, 2k, 1k, 0k prices. - Price going 2k-3k noobs will go in big, won't happen. - possible Bakkt approval news, green volume. - possible stocks collapse, btc starts acting as hedge.

bordev

Would have expected some real capitulation by now but HODL-gang is still alive. So I assume real capitulation will start when we dip below 2013 ATH of around 1100. CT all saying this is a really bad place to short so doing the opposite might be a good idea.