Hello, everyone! Lately, the crypto world has been buzzing with events, and you've probably heard about the latest news from dozens of Telegram channels. Against this backdrop, I've decided to refresh my idea regarding cycles based on the Bitcoin halving principle. In my opinion, we've completed the distribution phase and are entering a new phase that everyone...
Overview of previous macro cycles. Repeatedly going from all time high to golden ratio 1.618 of previous cycle peak, and peaked around 2.272 in the new cycle. Now finding support at 1.618.
Hi All Been a long 2 years. Can we have few more months for "stacking" before the substantial move upwards? What do you think? Thnx jad
#Bitcoin Log Regression 👀 The orange line, as in the previous cycle, offers strong resistance. 💡I think CRYPTOCAP:BTC will stay at the current mark for another month. After that, we go to the correction, most likely it will not be a deep correction, but rather a consolidation. This is indicated by overbought and seasonality. ⛏️ And also the capitulation of...
here is just another perspective from a repeating cycle on Bitcoin chart. I've shared younger chart earlier but it worth sharing it again here.
(originally written October 2023) Bitcoin has dominated headlines iover the last decade+. From a logically defying concept crafted by Satoshi Nakamoto, to a collectively embraced path towards the future, the world’s first cryptocurrency is undeniable. Unless you’re Warren Buffet — or Horus. From humble beginnings at $0.01, at its fairly recent all-time high near...
~ 7RR. Swing trade with expectation of a break of highs post halving. Entered with 100% of capital.
based on uptrend length since 2022 bottom we are at a point comparable to the 2016 dip coming out of the 2015 bottom. Price might wick to 50k and bounce back to 60k fast so I would bid around 51 now.
Hey Tradingview. As my posts have really become sparse, I tend to only write when something pretty significant occurs. Right now, Bitcoin has made it all the way from $15.5k, back up close to its all-time-high from 2021. That's a pretty substantial feat. What it proves is that if a thing exists that can make money, people will buy it. Even if I write a...
I Will Sell When BTC Touches 2YMA (Black Lines) And The PI-Cycle-Indicator Marks The Cycle-Top. Pi-Cycle-Top Will Trigger When The Red Line Crosses The Blue Blue. Is It That Simple? Why Not?
Disclaimer: It's been really hard to count the waves since the start of 2023, not helped by erratic political and geopolitical movements. These counts are based on super-basic Elliot Wave rules: - 5 wave movements (3 impulses, 2 correctives) - Wave 2 is never a triangle, often retraces 61.8% - Wave 3 is never the shortest, often the longest - Wave 4 is opp in...
#Bitcoin distance from Bull Market Support Band As I said all last month, the mark of 74k was our local peak, you can even tell a mid-cycle peak. 📝The geopolitical upheaval was just the last drop of what was supposed to happen. Taking into account the other earlier mentioned facts soon, I do not expect new maximums to be taken, I think it will happen in a few...
Considering Bitcoin's macro wavemap, there's a very unlikely chance that it is in a true impulsive wave. Manual wave analysis and the speed of its advancement in price action compliment each other as indicators of an big, upside, corrective wave being in motion. Similar to the time I suggested that Luna would drop from $80 to $1, Bitcoin now sits in a variation...
(45% probability) Bitcoin is following a path of slowly decreasing volatility which leads me to believe a top around 66,000 is likely (RED). (45% probabiity) However, the market environment is very bullish and that is also adding to bullishness in bitcoin (e.g. Musk/Tesla buying bitcoin) this leads me to also accept the possibility that a more bullish target...
By harmonizing the waves of market psychology with the fundamentals of economic reality,we can unlock the rhythm of the market.. riding the waves of opportunity while navigating the currents of uncertainty... so elliot gives u insight into market psychology in a booming market and deep understanding of economic realities keeps u well grounded. harmonizing both of...
The thesis I will present today will go over the idea that Bitcoin will repeat its first cycle over a longer length of time. There are a lot of theories on where Bitcoin is going next, and it's been interesting seeing so many different perspectives. Every 4 years, Bitcoin follows through with its cycle, and we are now in the 4th cycle. So, what if it repeats the...
- BTC wasn't created to to make you more rich. - BTC is here to give you more freedom. - P2P ( peoples to peoples ) - Don't look always at trends and just believe in the method and the idea. - we are so early. Happy Tr4Ding !