Fib time from previous cycles says - 2020 cycle LOW is IN or days away (by the end of 2022).
The interpolations says:
MAY-JUNE 2023 - BTC at 45 000 $ to 48 000 $
FEB-MAR 2024 - BTC at 15 000 $ to 16 000 $
NOV 2025 - BTC at more than 100 000 $
':)
According to the Bureau of Economic Analysis, US GDP in the third quarter increased 5.2%, up from an estimate of 4.9%. Stronger GDP data boosted the USD.
Expert Jeffrey Roach of LPL Financial, a financial company, said that inflation is trending down, consumers are still spending but at a slower pace, and the Fed can end the cycle of raising interest rates...
Price is expected to move sideways until mid October between 1T and 1.115T
Starting mid October scenario is splitting into two: Optimistic and Realistic. End of October will show which scenario takes place.
Optimistic scenario includes prolonged sideways movement until start of November and consequent steady growth until the end of 2023.
Realistic scenario...
Bitcoin was created as a way for people to send money over the internet. The digital currency was intended to provide an alternative payment system that would operate free of central control but otherwise be used just like traditional currencies.
So I just had the time measurement according to the past two swings. All the following time is by UTC.
Firstly, it might reach the top, which is 23k, at around 7/20 16:00 - 7/21 4:00. And then it goes sharply, it might reach a low, which may be just like 17.6k - 19k, at around 7/25 8:00 - 7/25 12:00.
This chart is made to showcase the planetary angle taken from the 1995 high natal date/degree on Mars.
As can be seen from the chart, the 170° Mars Heliocentric mars is a strong turning point with some amazing results.
The Dynamic square of 9 projected from the recent high provides timing and pricing clues as well. my reading is that is long as this support level...
BEFORE HIGHs, LOWs
Top HIGHS range 558 days
Bottom LOWS range 454 days
NEXT HIGH, LOW
NEXT TOP HIGH 23'785.39$ on 2021.01.01
NEXT BOTTOM LOW 12'242.04$ on 2021.06.12
Market: average of 7
CEXIO
BITSTAMP
COINBASE
BITFINEX
GEMINI
BITTREX
FOREXCOM
COMING SOON
I will add analysis with FIBO
next Butterfly
If Bitcoin comes down to the region of $3300 in early February 2020, this article will be very relevant. There is an overwhelming cluster of price/time barriers converging in one spot. This degree of confluence doesn't occur often. Here it is presented very early, giving you advanced notice of its existence. Before I go on, know that this is NOT a forecast. The...
Just ran a 3 Hr Model on my momentum trend model and provided a masterpiece (eue, tu.ub) , i am 99% convinced that Bitcoin/GBT will bottom very end of February 2019.
brschultz aka markettimer777
All trading view info is shared on twitter & StockTwits per the options available when sharing.
My 2nd presentation on youtube (on Dec 11) when i shorted TSLA at about $360 - the momentum model suggests optimal buy point for TSLA will be March 2020. Thus they have the highest opportunity to go bankrupt into March 2020. If they survive this next 12-15 months then it will be time to buy... momentum trends to 2020... a long time away.
I used the last 9 months YTD RSI statistics. BTC will be rised up to 9.000$. After this level, it will come down again.
Please, check all waves end the bottom level of previous top level.
Bullish on this stock, the book value per share is 2.35 yet the price got scared down to 0.79 because management rescheduled earnings. Sort of looks like a double bottom should be formed once this anomaly is resolved.
