My 6 year old son saw me messing around on the Bitcoin chart one day and said: dad, it looks pretty easy to predict the next peak, put some lines and see - you just look at the degrees of the angle, they decrease with time..
BItcoin bottom is in ? Maybe or maybe not. If we look at the angle from the TOP to the BOTTOM of the prev cycles we will see around 45 degree. So $12-14k seems likely if this happen again.
SPX long term idea based on my views. Thereyill be another crash witch will be the bottom of this bear cycle. This timframe scenarion is cover also my other chart from January 2022 about $BTC that plays out perfectly so far.
This is most probably the worst moment in BTC history. Just before 700 day after the halving - BTC was rejected 2 times from 200 MA. We are just there - look out !
BTC bear time, this is actually a chart few weeks ago you can find the original on my page - I didn't tough a think just wanted to update the chart with RSI and to make it with colors... (:
Chart based on bitcoin cycles . There aren't much to say. Just look at the yellow 100.. and green descending channel after every top. Bullish on long term, bearish on short term.
