ligand

ligand

rounding top, fail, oblique trendline support violated, horizontal support retest fail probably happening right now. 200 wMA as resistance. Dire view. Next stop 0.04

ligand

4-year cycles and retest of the lower boundary of the channel will result in a peak of 150-220k USD at the end of 2025. After that expect a more pronounced bear market.

ligand

Entering the second channel of this bullrun. If this bull doesn't get fracturized as the one from 2019-2021 due to Covid, expect a fast movement of a few steepening channels. This bullrun should be faster than those before end might end in a blow -of top bringing the first metawave since the beginning of bitcoin to an end. Afterwards a longer period of decline as...

ligand

see my last analysis. BTC finished subwave 2 of the new bullmarket an is now finishing the next subwave 2 (retracing only just 32% of 1, which is extreemly bullish) of one minor degree. Therefore a wave 3 of 3 is imminent which normally carries far, e.g. to around 35.000 USD (that is the target of the inverted shs formed during winter).

ligand

in addition to the EW analysis of my last idea cycles and channel retrace point to 19200 USD as a local low end of march. Afterwards there will be a rapid wave 3.

ligand

A wave 1 has formed since nov 2022 with perfect subwave fib relations, for example 0.38 for subwave 1, 1 for subwave 3 and 0.5 for subwave 5. The ongoing corrective wave 2 is likely to cover 0.62 or 0.76 of wave 1 pointing to 19.200 or 17800 USD.

ligand

4 year/ 16 year cycles for bitcoin may lead to an asymptotic approach to 1 mio usd or sth about. Every third cycle is left translated because it takes more time to correct the preceding wave 1-5.

ligand

The crossing of the price of apple and the upper channel trend line below 60 USD will give the FED the signal to pivot.

ligand

A rapid downmove as a c mirroring the a can be expected, when price breaks down below the lower channel line. Massive chance at the beginning of 2024.

ligand

Often signals for bitcoin are clearer watching the non log chart.

ligand

This count and internal relations make sense from an EW standpoint.

ligand

This will bring despair to bitcoin holders and an effective transfer from weak to strong hands.

ligand

Bull trap after first rejection at the downtrendline. After top at 42.000 steep decline to the golden pocket (70% of the former correction) at 10.600 USD, see arrowhead. The horizontal lines are based on multiple former tops and lows. Afterwards a slowly unfolding, then parabolic uptrend to 400-700k.

ligand

A rejection at the midline of the downsloping channel is possible.

ligand

This channel seems to be important. 4 year low in december 2022.

ligand

Now the third identical fractal in diminishing heigth and length is completed and time's nearly up for btc to make a decision where to go, even with more ever smaller factals to com - see the paradoxon Achilles and the Tortoise. A lot of indicators hint to the upside, but if the broader markets break down there might be a chance for lower levels to buy in. Chance...

ligand

Explosive moves often correct to this region which would be a nice long entry.

ligand

This fractal might make some sense, since it represents a wave 5 mirroring a former wave 1. Afterwards cycle low in dec 22 at 60k as a retest of this area. Then bull market uo to 500 k during the next 1.5 years.