Chart Art / BTC halving , bull rally hype cycle , fluff post

if we draw a trend line form the Ema 3 tops
on the weekly time frame
Price action looks like it is breaking out to the upside of the trend line ...

this Publication was Inspired by The @BitFink

this is not a call to go long right now
more of an observation of the global macro trends

I am just having fun
This is not financial advice
I am not your financial advisor
I am publishing my chart for personal historic archival Purposes
Trading or speculation is extremely risky
Bitcoin is extremely volatile
Never invest more than you are willing to loose
Always do your own research
the market is not your friend it is like riding a bucking bull
always looking to buck you out of your position :)

BTC Quotes :
BTC the Truth Machine
BTC the electro Dollar
BTC Rules without Rulers
BTC code is free speech
BTC might be our only shot at separating money and the state
BTC magic internet money
BTC not your keys not your coin
BTC like having a Swiss bank that can fit in your pocket
BTC personal financial sovereignty
BTC the cat is out of the bag
BTC digital Gold
BTC the price action and its story can be found in observing the lows not the highs
BTC banking the unbanked
BTC do what you want when you want however you want
BTC a system not based on debt while also being outside of the current financial system
BTC the native currency of the internet
BTC live 24 hours a day 7 days a week 365 days of the year

Plan B quotes

- 46M millionaires in the world, only 21M BTC

- can't use gold or $ in space or Mars, need something else

- nobody can freeze account or block transactions

- 0% interest rate is better than a negative interest rate”

if you have any BTC quotes
please share them with me in the comments below :)

I would like to thank : WyckoffMode, Joris Duyck, LonesomeTheBlue, 100kiwi, Bigits0, LazyBear, xSilas, Ni6HTH4wK, leifcr, Alex Orekhov, Alexgrover, midtownsk8rguy, Anupam Dutta, Franklin Moormann(cheatcountry), shayankm, TORYS, for all creating such fantastic awesome public scripts and publications

you are my heroes I am so grateful to be able to use your awesome indicators and teaching on my charts :) !!!

Thank you for taking the time to look at my chart

Note

zoom in screenshot ema 3 is above cyan trend line :) !

Note

Not looking to incite fo mo !
however, if you have not yet packed your Bags
taken a position
bought your ticket

you might want to consider that the train is leaving the station
could we see price action hit $8.3k again sure we could absolutely :)
the leverage game/layer is alive and well

the Hash Ribbons indicator by capriole_charles
as well as the Bitcoin Production Cost indicator by capriole_charles
have my personal bias leaning towards a bullish narrative for price action

I would actually be more concerned the longer Price action is below the production cost ... of $15816 ...
as I believe price action should reflect the Production cost

Note

historical trend lines from a past halving

Note

thrid time Luckey :)

Note

more log inspired Moon Math :)

Note

“History doesn't repeat itself but it often rhymes,”

Note

replaced the chart line
with my ema 3 :)

Note

reddit user : u/cecil_X 20 days ago

As if on cue, from 2009 to 2012, 2013 to 2016, and 2017 to 2020, bitcoin rose to its peak, falls down hard, recovered roughly to the mid-point of the previous peak before the next halving event and then rose to its next peak.

Here is a quantitative summary of the key figures:

Peak 1 at $32 and halving (2012) at $12.5, or 39% of prior peak.

Peak 2 at $1,179 and halving (2016) at $665, or 56.5% of prior peak.

Peak 3 at $19,764 and halving (2020) at $8,977, or 45.5% of prior peak.

Taking a closer look at these figures highlights another trend few others have noticed.

The ratio of Peak 1 to Peak 0 (50 cents in 2010) is 32/0.5 = 64.

The ratio of Peak 2 to Peak 1 is 1,178/32 = 36.81.

The ratio of Peak 3 to Peak 2 is 19,764/1,178 = 16.77.

Each new ratio is roughly one half of the previous one. This implies the next peak for bitcoin could be 19,764 times 8, or $158,112.

Aliencorpse__ 20 days ago
158,112? Not going to lie, That is some hopium I’m willing to smoke.

iamthree

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iamthree