fritzz

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I noticed the similarities in price action between Bitcoin in 2021 and Amazon in the last five years. If the BTC price action plays out on the AMZN chart--and honestly, why should it?--then we can expect it consolidate around 1300 - 1400.

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This is, of course, a total guess, but imagine the smell if it's not actually different...who is honestly prepared? How many people will have a single dollar left to buy at 15k? 10? ...that's the standard 85% correction. You know the bulls are delusional when what has happened twice before, and with stunning regularity (see chart linked below), is treated as...

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Update with sight modification to the chart: In 2017 and 2021 - BTC reached its ATH around 1.5 years after halving. - BTC reached its ATH 1065 days from the previous bottom. - BTC broke its the previous bull run's ATH around 200 days from the halving. On the basis of these and other similarities, I predict the following: - BTC reaches bottom around Nov of 2022...

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It's really not unusual for a coin to lose 80-95% of its value in a bear market. Look at the three charts I've provided alongside this one, and you'll see that my schizo bearposting turned out to be accurate. I'd be surprised if over the next few months Luna doesn't drop down to the low 20s.

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They laughed at us bearbros. LAUGHED... This is an update to the chart linked. SOL was trading at 186 dollars, and the bulls were coping. They haven't capitulated yet, so I hope you have some dry powder left.

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This is an update to another chart which presumed the top came in April of 2021. With the new ATH in November, I thought it appropriate to update the chart. With that new ATH of November 10th (69k lol) this bull run can no longer be said to have run short. In fact, it resembles the bull run from four years ago even more. In both 2017 and 2021 BTC reached...

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If we get the brutal 3 year bear run, these are the levels I plan on buying XTZ. Veterans of last bear run would not be shocked if we saw 90-98% drops on major coins, regardless of their fundamentals. Even ETH dumped 94% last time. This is one of my contingency plans - obviously not advising anyone to follow suit. I still have some alt suicide bags. That said, in...

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If we get the brutal 3 year bear run, these are the levels I plan on buying SOL. Veterans of last bear run would not be shocked if we saw 90-98% drops on major coins, regardless of their fundamentals. Even ETH dumped 94% last time. This is one of my contingency plans - obviously not advising anyone to follow suit. I still have some alt suicide bags. That said,...

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If we get the brutal 3 year bear run, these are the levels I plan on buying LINK. Veterans of last bear run would not be shocked if we saw 90-98% drops on major coins, regardless of their fundamentals. This is my plan - obviously not advising anyone to follow suit. I will however say it is a good idea to have cash handy for these possibilities. Green -...

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Since so many people use activity from this wallet as an indicator of where the market is going, I thought I'd provide a rough idea of where he bought and how much and where sold and how much. This wallet bitinfocharts.com

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I'm assuming that May was the top, but that doesn't have to be the case. October through December have been very bullish months for Bitcoin, and in fact the most bullish months. It's possible we see a new top coming by December, but even if that's the case, then if history repeats itself, we should see 35-40 months before new highs. In either case, we should see...

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Same idea, but there was one more leg up before the inevitable. If the similarities hold, then target is 38.

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See description in chart. I think we see some downside unless we break and close above area highlighted in chart.

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Confirmation if we get lower low, below 44k. Seems to be a common distribution pattern. Would be funny if we saw a repeat. If it happens, then the last time it played out gives us a target of 38k for this time. I know at that price everyone would shit their pants and become super bearish.

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Update to the 14D chart which seems to have the clearest points of resistance/support. It's worked so far. Lets see if it can help us going forward. I lean bearish, but if we can close out over 48k, then there's a chance BTC reaches ATHs.

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Note the color coded similarities between the price action in the last few days to the price action that resulted in the top. Down?

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Pay attention to parabola in purple. If price breaks through the parabola, then I'm selling and rebuying between 100 and 110.

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The last time we saw a coin divert like this from bitcoin during a general market downturn was LINK in 2019-2020. If things continue as they are, imo QNT is the comfiest coin to hold during a full blown 2-3 year bear. Quant is still in a textbook bull run (higher highs, higher lows, previous resistance turns support) but that will be invalidated if it can't hold...