If you look at the DXY going back to the 1960s you will see it always had a 6 year boom above the channel followed by 10 year bust within the channel. But In 2015 when we went up we should have went back down in 2020/2021 but here we are going up again, this has never happened before instead of ranging in the channel and Having a boom/bust we are now ranging above...
The past 2 capitulations took 70 days and 238days to fully recover after breaking below support so let’s see how long this time takes, could be a while this is a good spot to buy and chill until recover to see what happens next
This is only the third time in 10 years we have capitulated under this bottom support line knowing we have two more years until the next halving is confusing as to what is going to happen next i lean toward another bull cycle top instead of staying on support until the next halving just my analysis
I still tend to believe this bull run isn’t over considering we have over 2 years until the next halving if 220k still happens this is what it could look like and there is plenty of time for it to be a reality and still be in a bear market for the next 2024 halving
I think we see something like this next bitboy doesn’t know what he is talking about going to 10k we have crashed hard and our support is 30k we clearly are not going below 30k none of us will sell next the big money will have to manipulate the market up for gains the short squeeze is likely not happening again until we make another top
Eth is following the last bull cycle identically I’m not saying we will go as high but so far this crash lines up perfectly with last cycle before we mooned
Our recovery will put us back on the bottom at 35k to 36k which is a free 5,000 usd in your pocket right now. This is your last chance to get a good buy in like this. But I believe this recovery will be long and drawn out and they may try to capitulate us again to crash the market twice. Black rock and vanguard and others intentionally did this by crashing Luna...
The market is capitulating under pressure from whales and insiders the exchanges themselves are behind most of this don’t be fooled they want you liquidated for them gains. Most retail has been out of the markets for a year this is big money doing this. Also the DXY federal reserve is to blame for these boom and bust cycles the DXY made a new high which makes...
The federal reserve private banking cartel control the DXY value of the fake fiat standard they control and manipulate with precision when they want markets to crash like right now you see the DXY value is at a new time high when markets are at all time highs the DXY value is at a new low. You can perfectly track this back and it perfectly aligns with bitcoin bull...
This is the 4th time In BTC history the weekly RSI has ever fallen this low or slightly lower 2x in 2013 bear market at the dead bottom and once during the dead cat bounce in 2018 bottom so I’m calling this our bottom and if it’s not it won’t be much lower than this. This is where you buy the bulk of your bitcoin
People saying a 20k bitcoin this is what would it would look like in order for that to happen and this is what a bear market until the next halving would look like. I think Bitboy and all these other people have it totally wrong we are standing on support right now, this is the bottom where we are. And we may stay here for a little while but in my opinion it’s...
Even if we stay on the bottom in a so called “bear market” this puts us over 130k by 2024 halving. If you look back the 2015-2018 wasn’t a bear market it steadily went up the entire time after about a little over a year in a real bear market (like we just had) same for 2018/19 we had a year of bear market followed by 2019/2020 small bull cycle and short bear...
This is only the third time we have been short squeezed below our floor support in 10 years this is exactly where you load up on all your satoshis, you will only get this opportunity once every 4 years or so but most miss it because they are scared of the FUD “we’re going to 20k” we aren’t going below 30k friends stop listening to YouTube who paint narratives for...
Every time the DXY hits a all time high Bitcoin crashes to new lows and every time it hits a Low Bitcoin has a blow off top all time high. The Fed is purposely manipulating markets and making the elites rich in the process while we get poorer even holding onto assets and not just fiat
Our monthly RSI is a hair lower the COVID crash this is a perfect spot to load up on cheap corn. Don’t believe the long bear market hype we all know it’s FUD
We are almost at the bottom Rsi marks that so if we go down any further it will be short lived and a perfect buy in time
I marked In the white rectangles every time Bitcoin Weekly Rsi fell to or below 36 it’s only happened a handful of times this is exactly where you want to be buying more. Forget the bearish narratives we have 2 more years until the next halving we aren’t going lower than our floor for more than a capitulation wick. This is nearly max pain if it’s not. There’s no...
The Spx weekly Rsi is 33 we have nearly run out of steem to go lower. retail has been out of the markets for over a year besides hodlers. There’s nobody left to liquidate or a way to crash the market much further if at all. This is opportune buying time we will recover from this and go much higher only dumb money would be scared into selling anything right now