ligand

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.

ligand

This combines a rational EW count, cycle theory according to Bob Loukas and classical CT. Fib relations are not shown. Targets: 180k June - 2022, 50k - Dec 2022, 370k - Dec 2023, 1.3 mio - spring 2026, 200k - 2030.

ligand

A move to the upside of the channel until the end of the present short term cycle is likely after rejection from the middle line of the channel. Afterwards a rejection from the upper channel boundary and then a move beyond it can be expected followed by retest. Then resuming the uptrend

ligand

A recapitulation of the last bullrun (see ellipse) would lead the price to the upper channel boundary and 240k

ligand

Quick and deep decline which is typical for a subwave 2. Now entering subwave 3 with rapid advance.

ligand

Fractals are fitting tightly and hold the trendline. Hinting to a very high target in september.

ligand

Fractals hint to a price of btcusd of 293k in spring 2022. This ends the ascending wave from the start of btc, and a deep decline will follow.