BTC|USD - 50|200MA |BTC.D vs ETH.D | POL | Futures |VPVR This is a chart for the 30 min high volume trading on the Bitcoin price action at the end of the bitcoin 4 year cycle. Using percentage in this chart instead of the USD amount. The percentage % move should look similar in theory in December 2021. Use this chart as a reference to the previous cycle to be...
2017 - BTC|USD - 50-200MA | BTC.D vs ETH.D This is a chart for the daily on the Bitcoin price action at the end of the bitcoin 4 year cycle back in 2017. Using percentage in this chart instead of the USD amount. The percentage % move should look similar in theory in December 2021. Use this chart as a reference to the previous cycle to be prepared to exit the...
2017 LTC|USD - 50-200MA | BTC.D vs ETH.D - This is a chart for the daily on the Litecoin price action at the end of the bitcoin 4 year cycle. Using percentage in this chart instead of the USD amount. The percentage % move should look similar in theory in December 2021. Use this chart as a reference to the previous cycle to be prepared to exit the crypto market...
Exciting times for Bitcoin and crypto in general. 2020-2021 Bitcoin bull run has been insanely similar to 2012-2013's bull run. Especially when it comes to price action. In both cycles April has been the mid-cycle top followed by a 3 month re-accumulation period. Q4 is also off to a great start. The RSI has been a very useful indicator, in 2013 the local top and...
A shallow pull back to the 0.38 level. Wave 2 of the final intermediate fifth? An impulsive recovery will further validate the count. Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for informational purposes only and should not in any way come across as a...
Looking at a very similar pattern from the last two cycles. This angle isn't as steep. But seems to line up well. I'll update this as we progress through the bull market.
According to "Elliott Wave Principles" the 4th wave of a Primary impulse tends to enter the range of the 4th subwave of wave 3. That would mean we go to at least 42000. Historically, BTC has had 4th wave consolidations from May --> July in 2013, 2017, and now 2021? 4 year cycles, 4 years apart, same PA... spooky. In conjunction with this, there has been an...
~11 months after the past two halvings, BTC experienced a 38% drop. Both times this drop lasted around a month +/- a few days. Now we have experienced a recent drop in this bull cycle. Again it was ~11 months after the halving. We are yet to retrace 38%, but if we do that puts us at a major demand zone at 38-40k which preceded the impulse to 60k. Seems a little...
One week of patience. If the monthly candle closes with dragonfly doji - type candle with body close above dotted line (NFA!) selling flat and buying block of flats in 5 months. If below, diamond hands will be tested.
Just as sine and cosine exhibit identical periods of rotation, but remain offset to a certain degree, LTC and BTC exist in a similar manner. If BTC = digital gold, then LTC = digital silver. LTC was born from BTC's source code, albeit slightly modified. Some notable changes are faster block times and a lighter mining algorithm. The consequences of these changes...
You can see here the outline for the upcoming 4 years as we are targeting towards 1.7 mln BTC. We are hitting the top of this bullrun between June and July with a 71k target. Then we will see a low of 28k in the summer of '23. See ya in 4 years of now 😊
4 years Presidential Cycle This is a test to verify the 4 year presidential cycle. If we take 50 months instead of 48, the result is a little bit more accurate. The conclusion is that we could expect an important low approximately every 50 months .
4 year cycle still seems to be riding out. will be very interesting to see the next few months play out...
I asked myself a while back; how will the Bitcoin-halving effect price? I am taking the position that Bitcoin will increase buying pressure , regardless of all factors considered, most retail traders and even long term investors will see this as just incentive to invest more, and this same narrative will likely be pushed by the media as it has in the past. With...
If the markets do run in 4 year cycles then this is what we can expect. Chart explained: * From the end of may 2014 until November 2015 we have seen a ABC correction (bearmarket), for the current bearmarket this ABC correction started in January 2018 until the end of September. In my opinion the bottom of the total market cap ex. BTC is already in. ( Bottoms...
Looks like this history is repeating itself. First retracement came at the .618 level. Looking for the next steady rise until the 1 level. Followed by a retracement, bounce, breakout through previous ATH, and from there the sky is the limit. (but more like 100k - 300k) If this is true, we are in the very early stages of a bull market, and now is a great time...
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