A nice looking parallel channel on the daily for Bitcoin. Breakout target looking to be around the 78k range. Very exciting times for Bitcoin investors.
It looks like Bitcoin is running towards phase 5 of the bullish megaphone pattern. Time will tell.
Will Bitcoin surpass previous cycles with regards to negative money flow? The curve upwards would indicate no, but time will tell.
This idea is simple. $BTC currently sits at a historic trend line. I put forward the idea that this could be a generational buying opportunity. Could we wick below? Sure! Is it worth waiting for a wick below? I don't believe so.
Bitcoin currently falling out of a MACRO rising parallel channel. This could get very bloody, very quickly unless we reclaim the bottom trendline.
Truly absurd macro idea for Cardano's native token $ADA. This price move would realistically take years to play out but, for fun I would like to track it. It is a very messy cup but a very clean handle so, I think it's worth it to track as this represents an 11000% move upwards. Cardano is really going to have to step it's game up to pull this off, but I believe...
Using the Fibonacci bubbles, we can clearly identify the tops of the last three market cycles with staggering accuracy at the 3.618. Also, although there are only two data points at our disposal for cycle lengths, we can see that the last two cycles are increasing in length by ~60%. Using the above method, this would indicate a market cycle peak of around $230k...
Key levels of support and resistance to watch out for in the short/medium term.
BTC Descending Channel - last one played out perfectly
This is playing out quite nicely, need to consolidate at the top before volume-backed bounce
Bitcoin about to re-consume it's market share!
This fractal interacts beautifully with the Fib extension tool providing we hit the target to the downside first
If we get this bearish cross of the 50 and 200 day moving averages, I think the bull market will not resume until early next year, with a peak in around November 2022
Buy signal last seen brought about a 3x gain the last time it flashed
Ethereum looking to break a huge resistance level against Bitcoin, which could see us reach all time highs of ~0.12 ETH/BTC
Just posting this for myself to see if it plays out. Follow if you like.