navywhiskey

navywhiskey

Based on past cycles, bitcoin bottoms 364 days after hitting ATH's, and hits ATH's 1064 days after the cycle lows. So with this logic we top on the 7th of October 2025 (or very close to that date). I personally believe BTC probably tops around $90k-$120k but I may be very wrong depending on the level of adoption that comes in.

navywhiskey

Bullish trend line break coming for RSR. Once the trend line breaks I expect it to at least do a 300% move

navywhiskey Updated 

LUNA looks like it is targeting $70 after breaking the yearly open

navywhiskey Updated 

Accumulation and distribution (tops) marked on BTC's history. By this logic there could be a $180k btc in Jan 2025 (28 months from now). Let's hope! -RSI marks tops and bottom pretty well, same sort of level each cycle -According to this logic 17k was the bottom for bitcoin, but we don't know how it fairs in a recessionary environment. I will probably bid in...

navywhiskey

all bear markets have a accumulation phase. so don't panic buy on the next green candle. it will happen and when you least want it. dont get washed out the market and you'll have that lambojine in not time

navywhiskey Updated 

i suspect will bottom around 12-15k very soon then we have accumulation pattern and bull market in 2024. ignore the daily ranges highlighted

navywhiskey

FTX has collapsed. Most of the big names on CT have lost everything. Bitcoin looks ripe for the capitulation to continue (not without some relief rallies though). I would like to be buying between the 10-14k level for that generational wealth entry. Don't think you can go wrong buying between those levels and waiting a year. Keep in mind though that btc has never...

navywhiskey

Chances are we have one flush lower and an accumulation phase where BTC bottoms around $15k. Generational bottoms then we all make it

navywhiskey

I think we still head lower to possibly 15k given the state of the world rn

navywhiskey

Just wanted to screen cap the current state of the market

navywhiskey

Expanding the chart on my previous BTC short. I think it will be going lower, about $12000 lower than it is today to $28k, swiftly.

navywhiskey

Looks like to me BTC will be meeting $34k in the very near future to test those range lows. At that point a lot of confidence will have tethered and we could see further falling to the $28k levels - I don't see it going much lower than that.

navywhiskey

ADA looks like it could be heading to the 2021 yearly open of around $0.35-$0.45. Lets see how this plays out

navywhiskey

Looks like AVAX could be heading lower (along with the rest of the market to many base support levels)

navywhiskey

My thoughts on what could happen either way. This cycle could end early and we may have already peaked, or could resume the normal 4 year cycle.

navywhiskey

On the monthly chart using the RSI indicator Bitcoin peaks at around 97 and bottoms out around 44-45. Historically these would be the best long and short positions. This most recent top (April 2021) had an RSI 92. Lower than the previous peaks but I feel this cycle is different and may also be ending early. Also the Guppy indicator has just flipped red on this...