Brodie

Brodie

A Close look at the previous Idea "BTC - Historic Over Bought / Sold MAs"

Brodie

A Bit of a fun indicator I put together for some dubious speculation; but historically showing we are closing in on intra-cycle over bought / sold territory currently around 35K .... If we fail the according to this indicator we might be looking at macro lows towards the low 20K region....

Brodie

If we count this cycle as a double peak cycle and we have touched our top on the BLUE line so far this run, then the orange line is our target for the second peak touch (Similar to the GREEN and RED lines in the 2013 Bull Run cycle as measured by BTC Halving).

Brodie

A closer look at prior published idea "BTC Market Cycles - Worst Case Possibility".

Brodie

CYCLE ANALYSIS: Most people in the Crypto Market are very fearful at present. While I am still bullish long-term for BTC at this point that we have not reached our top for this 'Bull Run' segment of the current cycle for BTC (as measured by BTC halving's), I wanted to look at what the most bearish scenario I think is possible / worst case conditions most market...

Brodie

The trend and resistance lines suggests we could either be in for the next break out for silver or another drop in price. Any additional thoughts to add (note I am a newby) :-)?