theeverythingbubble

theeverythingbubble

Last two halvings Bitcoin found itself at the bottom of the power law corridor. That would set us up for a consolidation around 6k with a setup to shoot for $100k after the halving.

theeverythingbubble

There really isn't too much to say, the chart is self-explanatory. Indicator is MoonRekt v5.

theeverythingbubble

Very interesting how this correction and consolidation seems to be repeating. BTC futures and LTC leading out of the falling wedge, seems like we could be gearing up for a move higher going into the halving next year. Let me know what you think! Thanks.

theeverythingbubble

Everyone calling for either 12,500 or 8,500. After a 4.38x move off the lows of the bear market in a matter of a few months, everyone thinks we will just continue up. The buyers aren't there right now. Historically, Bitcoin gets pulled to the 135D SMA. That is currently coming in at around 7,500. The RSI also hasn't dropped as far as it did for most of the lows...

theeverythingbubble

I believe the final drop is now in effect. Target will most likely be the bottom of this channel. To go only 500 below 9k doesn't make sense to me. I think we'll drop more than that. In the past we've seen the time distance between the 2nd and 3rd drop be about 3/4 of the distance between the 1st and the 2nd - and that puts us at around the end of July. Get ready,...

theeverythingbubble

3 Days of this standoff between the 50 and 200 EMA on the 4HR chart... this happened once before. Hmm....

theeverythingbubble

Very interesting how each corrective leg has brought price right to the gap in CME's. Bitcoin rising up above the 21D EMA makes it look bullish right now, but this market has a way of surprising us! Let's see if we take a 4th leg down to the gap at 8,500, which will also be near the 21W EMA which was our final corrective target during the last bull run.

theeverythingbubble

Very peculiar how we are repeating the same topping pattern as in January 2018 except at 2x the speed and half the percentage change. We saw many nasty 3DAY bull wicks which tested the 55EMA on the 3DAY during the 2016-2017 bull market so, but it wouldn't surprise me to see a capitulation bottom very soon here before resuming our uptrend. See January 13-15, 2016,...

theeverythingbubble

So far we've been repeating the topping pattern we saw in late December 2017 and January 2018, but the price has been moving by about half the amount and the time it's taking is about half the time. If we repeat that pattern we will see a massive rejection here, which also happens to be the 377EMA on the 4HR chart. Let's see what happens but we could see a flood...

theeverythingbubble Updated 

Hey there, what a day yesterday for crypto! However, nothing has really changed yet. Price going up, going down, dancing around but still far above both the 21d EMA and the 21w EMA. I'm looking at the parabola that Bitcoin is currently wanting to climb, with the 21d EMA providing support thus far (like in 2013) so the only way we will know what path Bitcoin wants...

theeverythingbubble

Very interesting how the numbers work out. Supports the theory that we could be in the middle of a massive run to 96k.

theeverythingbubble Updated 

Hi everyone, I've seen many comparisons looking at this bear market with that of 2014, or the one of 2011, however I don't believe that the pattern will repeat close enough to resemble any previous bear market, and maybe that is because it's possible we're more in a correction on the way to our 50,000% gain off the $164 bottom. One of the things that has...

theeverythingbubble Updated 

Wow! This is a crazy market for sure! Bitcoin by all means is overbought, but my theory still makes sense see: Stay the course, sell any breach in the parabola. Have a great weekend.

theeverythingbubble

Hi Everyone, When looking at the indicators shown on this chart, it is uncanny how they all line up with the middle of November, 2014. This is showing me that the bottom is most likely NOT in, despite all the analyst's calling for nothing but upward movement from here. I still think we will see a large volume, massive down day coming up here within the next...

theeverythingbubble Updated 

Hi everybody, As everyone knows we have seen some massive volatility in the us stock market in Q4 2018. We had a death cross when the 50DMA plunged through the 200DMA, but if you look back in time this in itself doesn't really mean a whole lot. There have been many death crosses which simply resulted in a correction which then rallied only to turn back into a...

theeverythingbubble

Massive downward movement in the market today, Litecoin rejected by the top of the downtrend channel... let's see what kind of movement we get over the next 24 hours, if it rallies it may test the top of the channel and if it moves above it that will be tremendously bullish since it has been trapped in this channel for a long time now. If it closes below the...

theeverythingbubble Updated 

Hi Everybody, Litecoin on fire!! Huge gain over the past day, but if you're out of the market I would think about waiting for a better entry point. Let's keep an eye on the performance over the next few days but after such a massive pump, I'm expecting a small dump before we resume the uptrend. The good news is: Litecoin looking to hit $50 Ethereum shooting...

theeverythingbubble Updated 

Hi everyone, Wanted to post a quick chart to show the history of Bitcoin's price action and its relationship to the mean. If you look back in time, you will see that after price falls significantly from the mean, or rises too far past it, it always corrects back toward the 135DMA, which I have shown on the chart. This is why I feel that at this time we are much,...