Our overlords don’t want the plebs to know…
I’ve reverted back to my original interpretation from May 2021 wherein I had expected the 2019/20 pattern to repeat. The Russia-Ukraine false-flag is the follow-up to the cerveza sickness false-flag.
The bearish H&S pattern appears to be playing out.
I’ve reverted back to my original interpretation from May 2021 wherein I had expected the 2019/20 pattern to repeat. The Russia-Ukraine false-flag is the follow-up to the cerveza sickness false-flag.
The bearish H&S pattern appears to be playing out.
Comment:
Alternative interpretation seems less plausible to me. It seems more likely to me there will be a few months respite from Russia situation before erupting again. Also the effect of rising interest rates and the additional supply chain disruption causing more inflation from the severing of the trade with Russia to accumulate over the next couple of months. We’re heading into a tempest.
Comment:
The following also seems excessive and too accelerated. Will the Russian invasion threaten to shut down the entire global economy as the cerveza sickness false-flag did? I don’t think so.
Comment:
Check out these charts. Click that. Bitcoin appears to be repeating a pattern seen before in the stock markets.
imgur.com/a/DNZSD7s
imgur.com/a/DNZSD7s
Comment:
Final capitulation buying opportunity?
Do really think the price is going to drop to $24.5k or below?
Do really think the price is going to drop to $24.5k or below?
Comment:
I wrote the following before preparing the chart for this idea…
There’s no way that 2021 was the top of this bull cycle because the volume was declining from Jan 4. Also the RSI is near to a bottom. Yet this also resembles summer 2018. It is plausible for a drop down to fill the $24.5k CME gap before this bull market proceeds. If this is major wave 4 then because of the terminal EW condition (wave 2 retraced more than 61.8% of wave 1), then wave 4 could come back down as low as $14k.
So while saying that 2021 was not the top, it may be of no solace if the downside of wave 4 can be so egregious. What is not clear though is whether we’re minor wave 4 of major wave 3, in which case do not need to retrace to $14k yet. Yet I am more and more inclined to think that top of minor wave 3 was $65k in April, with minor wave 4 to $28k in July and then minor wave 5 peaked $69k in November. In that case, we could have an egregious crash incoming analogous to March 2020, before a major rally for wave 5.
I believe we could see a rally first as we did in December 2019, before crashing?
There’s no way that 2021 was the top of this bull cycle because the volume was declining from Jan 4. Also the RSI is near to a bottom. Yet this also resembles summer 2018. It is plausible for a drop down to fill the $24.5k CME gap before this bull market proceeds. If this is major wave 4 then because of the terminal EW condition (wave 2 retraced more than 61.8% of wave 1), then wave 4 could come back down as low as $14k.
So while saying that 2021 was not the top, it may be of no solace if the downside of wave 4 can be so egregious. What is not clear though is whether we’re minor wave 4 of major wave 3, in which case do not need to retrace to $14k yet. Yet I am more and more inclined to think that top of minor wave 3 was $65k in April, with minor wave 4 to $28k in July and then minor wave 5 peaked $69k in November. In that case, we could have an egregious crash incoming analogous to March 2020, before a major rally for wave 5.
I believe we could see a rally first as we did in December 2019, before crashing?
Comment:
Comment:
twitter.com/JamesAAL.../1496800309691125761
Russian media not using the word invasion. After all the heated rhetoric about the threat from Ukraine, now it feels like they’re downplaying the magnitude of this attack.
Because they know many Russians will be horrified at what is happening.
twitter.com/maxseddo.../1496796062924767237
Russia's internet censor is threatening to block and fine media who report on the war in Ukraine citing anything other than official Russian sources.
"Only official Russian sources have and spread accurate and up-to-date information."
Source: rkn.gov.ru/news/rsoc/news74084.htm
Russian media not using the word invasion. After all the heated rhetoric about the threat from Ukraine, now it feels like they’re downplaying the magnitude of this attack.
Because they know many Russians will be horrified at what is happening.
twitter.com/maxseddo.../1496796062924767237
Russia's internet censor is threatening to block and fine media who report on the war in Ukraine citing anything other than official Russian sources.
"Only official Russian sources have and spread accurate and up-to-date information."
Source: rkn.gov.ru/news/rsoc/news74084.htm
Comment:
Looks like this Russian invasion will get much worse and maybe Armstrong is correct that the low will be on March 14:
gist.github.com/shel...4f69c4c4f198a7c85cb9
gist.github.com/shel...4f69c4c4f198a7c85cb9
Comment:
I could envision a bounce to the ~$38k top of the wedge?
Comment:
I doubt it will bounce to the topmost line of the wedge. And that interim top line can be drawn slightly lower. So maybe ~$37.5k maximum for the bounce?
The Russian invasion will likely get worse over the coming days and weeks, so I will sell the bounce.
The Russian invasion will likely get worse over the coming days and weeks, so I will sell the bounce.
Comment:
I’m selling some ~$37k. Could stall there and then perhaps make another push up to $39k.
I think Biden will soon announce an E.O. against crypto this week or next also.
I am preparing for $25k.
I think Biden will soon announce an E.O. against crypto this week or next also.
I am preparing for $25k.
Comment:
We had a bullish RSI divergence on 4 hourly on that wedge decline. Which predicted the bounce. The 4 hourly does not yet have a bearish RSI divergence. This could push up to $42k before crashing again.
Comment:
If you sold that spike, maybe repurchase $38k for a move higher?
Comment:
Here’s the reason for the spike up in markets:
komonews.com/news/na...-disrupt-oil-markets
U.S. President Joe Biden says the sanctions against Russia for invading Ukraine will not disrupt the global oil and natural gas markets.
Biden says, “Our sanctions package is specifically designed to allow energy payments to continue.”
komonews.com/news/na...-disrupt-oil-markets
U.S. President Joe Biden says the sanctions against Russia for invading Ukraine will not disrupt the global oil and natural gas markets.
Biden says, “Our sanctions package is specifically designed to allow energy payments to continue.”
Comment:
OTOH, the daily had a bearish RSI divergence from $45k, but now has perhaps bullish RSI divergence and is no where near to having another bearish RSI divergence. And there may be a massive bullish W pattern forming?
Comment:
We’re about to make a green weekly candle? But can this uptrend survive the weekend?
Comment:
Bounce to $52k, then crash to $24.5k? This is crazy a.f.. The bounce could be Russian invasion priced into markets. The egregious crash could be some egregious escalation of a cyber attack war?
Comment:
Exactly as predicted. Will it retrace down to retest the next lower wedge top line?
Comment:
Repeating pattern in the rectangles? Thus decline to retest of lower wedge top before resuming rally to higher highs?
Comment:
Potential H&S suggesting a possible decline to $36.9k.
Comment:
Read backwards from the end of the updates on my published idea, "Official" (impostor) Bitcoin Core to Drop to $0 in 2023? You will understand nothing holistically until you understand that (ostensibly some very high IQ contractors of) the $trillionaire, surreptitious, shadow, uppermost elite (e.g. Rothschild, Vanderbilts, etc) created Bitcoin and they are implementing John Nash’s Ideal Money (Jstor) (which is Bitcoin) as a NWO. Bitcoin is Rothschild’s (et al shadow elite) Economist Magazine 1988 cover story Phoenix. That is why we inexplicably see Mark Suckerberg revealing that the FBI was manipulating the 2020 election, with the only plausible explanation being a more powerful entity is pulling strings behind the curtain so as to discredit the nation-states and create discord while also pushing the transition to an interim multi-polar fiat monetary and economic trade system so that only legacy Bitcoin can be trusted as the new world reserve currency. The sacrificial elite pawns (e.g. Bill Gates, Klaus Schwab) are being manipulated for this purpose. If the FBI is reading this then they should try to understand that they are a collateral damage target for destruction also, not at my hands of course, but as a necessary sacrifice under the plans of the shadow elite on the way to total world enslavement in a 666 Bitcoin “Ideal Money”.
Legacy protocol Bitcoin (not the current “official Bitcoin” impostor which will be destroyed, because the 2017 New York Agreement soft-fork broke the Nash equilibrium by creating a 13+ million BTC booty) will be a 666 system, because: a) the nation-states will first fight it by restricting our access (e.g. via aggressive AML, KYC, taxation, capital controls against Russia, etc) along with the legacy protocol limited to 1 MiB block size thus driving transaction fees too high for most of us to transact on; and b) although proof-of-work mining is permissionless, fungible resources are always power-law distributed in nature thus meaning eventually the Biblical prophesy that all the wealth (and the surreptitious control of more than 50% of the Bitcoin mining enabling censorship of transactions by the surreptitious “God” which is really just the shadow elite) becomes concentrated on the Seven Hills (of Rome or Jerusalem depending on your theological interpretation). Also such majority control of mining also enables complete deanonymization of Monero; yet that’s irrelevant anyway because only one proof-of-work block chain (i.e. Satoshi legacy, immutable protocol Bitcoin) can survive anyway due to all other proof-of-work altcoins inherently carrying an INSOLUBLE (i.e. there is no possible fix) flaw of repeated non-readjustment after mining difficulty bomb attacks. The people of the world are receiving this outcome because human nature can’t avoid choosing a King on Earth (e.g. a government) as the Lord warned and admonished not to do in 1 Samuel 8; and note that Romans was corruptly translated to English from the original Greek — Paul was critical of government.
P.S. The technologically astute may be interested in my epiphany, Why did Satoshi employ double-hashing? And most people don’t realize that Nash’s discoveries were a profound unification of economics and social science.
Legacy protocol Bitcoin (not the current “official Bitcoin” impostor which will be destroyed, because the 2017 New York Agreement soft-fork broke the Nash equilibrium by creating a 13+ million BTC booty) will be a 666 system, because: a) the nation-states will first fight it by restricting our access (e.g. via aggressive AML, KYC, taxation, capital controls against Russia, etc) along with the legacy protocol limited to 1 MiB block size thus driving transaction fees too high for most of us to transact on; and b) although proof-of-work mining is permissionless, fungible resources are always power-law distributed in nature thus meaning eventually the Biblical prophesy that all the wealth (and the surreptitious control of more than 50% of the Bitcoin mining enabling censorship of transactions by the surreptitious “God” which is really just the shadow elite) becomes concentrated on the Seven Hills (of Rome or Jerusalem depending on your theological interpretation). Also such majority control of mining also enables complete deanonymization of Monero; yet that’s irrelevant anyway because only one proof-of-work block chain (i.e. Satoshi legacy, immutable protocol Bitcoin) can survive anyway due to all other proof-of-work altcoins inherently carrying an INSOLUBLE (i.e. there is no possible fix) flaw of repeated non-readjustment after mining difficulty bomb attacks. The people of the world are receiving this outcome because human nature can’t avoid choosing a King on Earth (e.g. a government) as the Lord warned and admonished not to do in 1 Samuel 8; and note that Romans was corruptly translated to English from the original Greek — Paul was critical of government.
P.S. The technologically astute may be interested in my epiphany, Why did Satoshi employ double-hashing? And most people don’t realize that Nash’s discoveries were a profound unification of economics and social science.
www.neowave.com/qow/...qow-archive-1079.asp
In TRENDING Impulsions (this is where waves-2 and 4 CANNOT share any of the same price territory):
1. If wave-2 is a monowave, it should NOT retrace more than 61.8% of wave-1
2. If wave-2 subdivides into an a-b-c, on rare occasions, wave-a might retrace more than 61.8% of wave-1, but wave-c (of wave-2) must conclude at 61.8% or less of wave-1.
In TERMINAL Impulsions (this is where waves-2 and 4 MUST share some of the same price territory):
1. If wave-2 is a monowave, it CAN retrace more than 61.8% of wave-1
2. If wave-2 subdivides into an a-b-c, BOTH waves-a and c (though not required) can conclude beyond a 61.8% retracement of wave-1.
It is during Terminal patterns that wave-2 is allowed to retrace as much as 99% of wave-1, but never 100% or more.