AnotherAnalyst

AnotherAnalyst

Yield curve is inverting. Is this a sign of more downside?

AnotherAnalyst

Comparing last cycle's breakout from it's ATH with this cycle's. Probably a slow descending triangle as interest goes away. Followed by a small capitulation. Then the dip is bought and interest picks up.

AnotherAnalyst

90% of all drawdowns have been -37% or less. Lines plot drawdown levels from current ATH.

AnotherAnalyst

Bitcoin still feels really strong. The -20% drop was bought quickly! A -30% pullback falls into a minor support area. Wouldn't be surprised if price headed there but doesn't feel likely at the moment. A drop below the -30% resistance level seems very unlikely to me.

AnotherAnalyst

This is just a 'bars pattern' from the previous cycle. Starting from the break of the ATH to the 2017 peak. (yellow lines are halving dates)

AnotherAnalyst

A simple copy & paste to demonstrate what Bitcoin is capable of. For fun only, not a predictor..

AnotherAnalyst Updated 

Bitcoin has been in an upward channel since the beginning of this month. I believe this to be a bullish indicator. Typically, Bitcoin has blow of tops or consolidation into triangles (usually descending) before price makes a leg lower. Example: With price steadily moving up in a channel, it primes traders for a breakout trade. Bitcoins velocity in price...

AnotherAnalyst Updated 

Bitcoin has performed exceptionally well so far this year (and will continue to do so in the long run). You can see Bitcoin is up almost 40.5% for the year. From here we have two more key levels to break before we test the S2F model's price prediction. (Stock to flow) Paul Tudor Jones announced he was bullish on Bitcoin. The halving date is May 12, 2020. I...

AnotherAnalyst

Bitcoin bounced off the long term trend line. This confirms the validity of the trend line. I believe this is the lowest it goes before halving. Check the related idea below, this was what I was expecting.

AnotherAnalyst

Last weeks price movement (ending on March 1) closed on the 20 week moving average. Historically, if price fails to break below the 20SMA then this signals the beginning of a bull market. Before the last halving we had a similar scenario: There is still a good chance price will move lower though. On my daily chart, price is moving to the bottom of my long...

AnotherAnalyst

Bitcoin may move sideways in a channel in the short term. Bitcoin price action moves between significant levels in an uptrend. I predict bitcoin will move to the outer channel line and could potential have a large push down to retest the line. The yellow line is around the halving.

AnotherAnalyst

Recently noticed a pattern in the charts. The third chart is a piece of pine script I wrote to help visualize BITFINEX:BTCUSDSHORTS and BITFINEX:BTCUSDLONGS . A drop in open shorts has been preceded by large volume pushing the price higher, likely into many stops, continuing the rally. As you can see, after the action has cooled down price, will move to...

AnotherAnalyst

I've noticed after after every recent rally, BTC price has came back to the 30 day EMA and stalled for a few days. You can see once volume drops it creates an opportunity for price to push higher. This might be the case once again.

AnotherAnalyst

Whale Opportunity Opportunity: Technical analysis had led many traders into short positions. With a large amount of open shorts (red line) and few open longs (green line), conditions are set for volatile price action. All it would take is a a whale to push price high enough to trigger a cascade of stop losses. With that in mind, I will be watching for...

AnotherAnalyst Updated 

The chart below shows the yield spread between the 10yr and 3mo and 10yr and 2yr. When the spread is below 0 (colored in red), the yield curve is inverted. This has been an indicator for coming recessions. The red areas on the SPX are the recession periods. As you can see we saw an inversion last month (march). The next recession is just around the corner and...

AnotherAnalyst

The Whales' Master Plan The Plan: 1: Accumulate a large amount of bitcoin at a low price 2: Unload the large amount at a high price To do this we will need a large amount of participants willing to buy bitcoin at a high price or forced to buy bitcoin at a high price. Hindsight is 20/20

AnotherAnalyst

inebriated analysis more for my personal thoughts

AnotherAnalyst

Bitcoin Bullish Proposal After the recent price action I've decided to re-evaluate my analysis. By using Andrews Pitchfork, I found a channel price seems to respect. Currently, price is showing a reaction to the median, so if your a bull, this might be something to keep an eye on. If price can break through the median, I believe it will go to the next major...