fritzz

fritzz Updated 

Resistance in red zone. Support in green. Right now we're crabbing between zones. - If it closes 4h candles above resistance, it's poised to run to new ATHs. - If it closes 4h candles below support, it probably drops to new local lows.

fritzz Updated 

Crab zone between is between 16.2k - 16.7k. If price closes above - target June lows at 17.5k, and if that offers no hard resistance, if it flips into support, then the August highs of 25k is on the table. If price closes below - Target 15.8k, and if that offers no support, then new lows are likely (10-14k)

fritzz

Reposting this since the last chart was removed for some kind of infraction. Since we reached the level at which I said it's a good idea to accumulate, I thought I'd provide an update with a prediction of where the price can go next. Keep in mind that if you bought here, the best time to sell is end of 2025, but if you want an earlier mid-term target then I...

fritzz

The strongest historical support for XRP/USD has been between 0.16 - 0.25. I think XRP revisits this zone again before the next bull cycle, which I believe begins after the next BTC halving in mid-2024 (see BTC chart attached to this one). If we see XRP in the green accumulation zone, it's probably a good place to buy, but keep in mind that the price may crab in...

fritzz Updated 

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...

fritzz Updated 

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...

fritzz Updated 

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,...

fritzz

Going off the idea that September has historically been a bad month for BTC, whereas October and November have been great months... Highlighted green zone indicates next area of support. Green vertical lines indicate the last halving and the one coming up.

fritzz Updated 

I've drawn some lines of comparison between price action the last few weeks and price action in the early months of 2021. The pattern seems the same to me. The obvious difference is that the 2021 distribution top was preceded by a massive bull market, whereas the pattern of today is preceded by a massive drop in value. If BTC breaks out of this rising wedge and...

fritzz Updated 

Link broke out of it's 434 day bearish parabola (in purple). In my experience, that means we have some upside ahead of us. Keep in mind we're still in a bear market, which means that I see this pump as a dead cat bounce. I believe the price will rise in the next few weeks, crash to a new low in September, then move sideways between ~5 - 10 dollars until the...

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It seems that many have turned bullish . It would be a shame if they get trapped this late in the rally. I would love to see some continuation, but I'm mindful of this possibility. I adhere to the 4 year cycle hypothesis, and think that after a big move down, we'll get a protracted sideways accumulated zone. It would make sense if BTC began ranging.

fritzz

I subscribe to the 4 year cycle hypothesis. With that in mind, I believe that the rest of 2022 and all of 2023 will be a long and dreadful accumulation period. Keep in mind that in the last bear market: - ETH dropped 94% from the top. - Accumulation period lasted for close to two years (from September of 2018 until July of 2020) - The price ranged from $80 to...

fritzz

This is a guess informed by the following premises: - BTC historically takes around a year to bottom out, and it topped out in November of last year. - September is historically worst month for BTC . - October and November are historically very green months. - There's an election in November, so some efforts will probably be made to make the markets look good, at...

fritzz

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.

fritzz Updated 

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.

fritzz

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...

fritzz Updated 

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.

fritzz Updated 

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...