This chart is of the market cap of #Altcoins divided by the marketcap of #Bitcoin.
If this ratio is going UP
Sh@tcoins (to give them their colloqiual name)
are out performing the #1 #Crypto asset.
("there is NO 2nd best.. " M. Saylor)
Risk ON.
Aka Silly season.
If this ratio is going down.
Then S coins are underperforming BTC
Bear market... S coins getting...
I don't make the rules.
:)
We are just surfing the waves of emotions,
of the crowds.
Here we have Monthly line chart with the RSI
It clearly shows a quickening of the trend and how the 4 year cycle is likely to fail this time around.
It is too well know as a theory and will be front ran.
(in my opinion)
We should get a RSI peak at this rate, around May...
If we can envision a Inverse Head and shoulders forming.
With a horizontal neckline coming in at around $47.5-48k
It gives us a LOG projection north of $140k
Draw it out yourself and see :)
A linear target would be much more subdued and give us a $80k target
And trap people below that magical figure for close to a decade , if u tack on a bear market that...
Based on past cycles
The breakout should occur around 33 months post the 2021 high
With the top occurring Q4 2025
This could be front run of course. As the thesis laid out by Bob Loukas.
And I do lean into the idea this is going to be a major top for #BTC
Resulting in the halvening failing to provide the expected pump in 2028
This new BTC cycle continues to rhyme with the previous 3 cycles almost perfectly.
everyone said this cycle would be different but I am just seeing more of the same...
In trading we should expect the same until proven otherwise, its like the trader continuing to attempt a break out trade while the market is moving sideways in a range, it might reject 7-8 times...
Notes on the chart:
• Month counting starts from where a new bull run begins and on the chart it marks how many months it took for the full cycle to complete (roughly 49mo).
• Blue horizontal lines are BTC halvings.
• Green zones are accumulation zones
Overall update of the 4-year journey
Back from our previous post we were looking at when the lows would be...
Watch the calendar not
the price.
Hard to implement.
But it's the only way to keep your sanity investing in #Crypto :)
We have had double bubble's
Parabolic tops
marginally higher high, double tops
what next a rising wedge top, triple top , a clean head and shoulders?
all that we know , we must fear the euphoria and fade the crowd.
WE SHOULD HAVE BROKEN above this 3 year average by now
and been using it as support to provide a launchpad into next year's having.
INSTEAD it has firmly been capping prices during these last few months when historicallym it would have been penetrated by now.
Quite concerning for those who are still heavily in #Altcoins
In today's idea, we're going to entertain a "what if" scenario for CRYPTOCAP:BTC : what if the price of Bitcoin does an exact repeat of what happened back in 2019 up until the high in early 2021?
This hypothesis is based off the candle pattern that starts from the 2019 mid-cycle high (1). So, assuming April 2023 was our mid-cycle high of $31,035, it's...
BNC:BLX
Both the current bear market top to bottom and previous bear market is within the same timeframe within a 2 week candle. Both the last 2 bull markets lasted the same time within 2 weeks. Nearly eactly 50% through each bull market was the top of an automatic rally (Wyckoff AR) or key pivot RH3. This would put the top of the next automatic rally at May...
Hello friends
Today im going to show you a good reason for next Bullrun in Bitcoin.
Pi cycle includes 2 Moving Average:
One Long MA and One Short MA.
when we devide this 2 MA the result equals PI number (around 3.15)
The best Long MA is 471 DAY and the best Short MA is 150 DAY.
I illustrate them in BLX chart and yo see the last 2 times that Pi cycle Bottom works...
In the chart you can see the following:
a) blue lines are the halvings that BTC went through and the estimated one in 2024
b) the measure of time between each cycle low and halving
c) how long it took to top out after the halving
Hi everyone,
I just want to share my view of the following years in Bitcoin. I am a long-term swing trader and I build my trades...
I've already posted a chart on the 4-year cycle for Bitcoin (link below). This is a more detailed look at it. At first glance, the previous cycle looks different from the current cycle except for some very basic framework, but upon closer examination, they are in fact essentially the same even at the specific parts. It's intriguing enough that it's hard to be a...
All the ideas are on the chart. You need to know that you should ignore if RVGI crosses in series, it only makes sense if it crosses after not crossing for a long time.
I can see that I ignore a couple of things like we didn't spend all 365 days on bear market after last downside cross of RVGI, actually no explanation for that I just think from 64k to 69k in 7...
Probably nothing.
FED and the USA inflation rates has changed the dynamics of the Crypto Market since Bitcoin has a correlation with -NASDAQ-
My last idea which has a pitchfork channel from 2017 top was broken after -NASDAQ- correlation, thus I am making a new strategy.
First of all I believe that we need to follow up 11 May 2022 due to the USA inflation rate...
This post critically analyses how BTC has behaved after a cycle top with respect to the 200D SMA and 600D SMA, comparing similar periods to 2013-15 and 2017-18 (shown using blue boxes) to the current price behaviour (if indeed BTC has made it’s cycle top this bull run already).
PRICE CHART
The 200D SMA (shown in Aqua or light blue) and 600D SMA (shown in Teal or...
Based on logarithmic model and 4-year halving cycle model we don't need a blow off top in the current cycle to get to 90K.
We can just literally stay in the bitcoin comfort zone logarithmic channel and chill until we get there.
Not financial advice but I kind of resonate with this idea.
I'll be publish a video on youtube tonight with all the detail of this...
Posted this earlier today but it got flagged for adding my twitter handle so im posting again.
A lot of times this cycle is compared to the BTC cycle in 2013. However right now price action is looking very similar to 2017. We have bottomed out on almost the exact day in July and have been following the price movement of the second half of 2017 very closely.
The...
