I have seen enough to determine that we are headed to a new all time high just like the stock market will see a new high before we head lower. If you haven't seen my idea on the SPX (see the link below). Looking at the BTC on the monthly chart, we can see that it looks like we are doing an expanded flat. As we can see the top in October 2021 was not the "real" top but a correction top in an expanded flat as it went up in 3 waves. Also most indicators will show that April 2021 was the actual top. Thus I believe we are in the wave 5 which will take us to about between 70k and 96k using fibonacci extension on the candle and line. Once we get above the previous high, the media will hype up 200k-500k and most people will FOMO in there since it would look like we have no more resistance and the sky's are clear. This in my opinion will lead to the biggest crash in Crypto, and bitcoin.
Watch the charts and not what they say.
This is just my opinion and not a financial advice, please do your DD.
Note
Remember this chart?
Posted this Feb 19th 2023. We are still a ways away from the dump but its coming.
Note
Since this chart I have seen more indicators that tells me this will most likely happen. I will be presenting that soon. Please hit the boost and follow to get notification when I post it.
Note
BTC could pop its head a little higher but I expect it to play in this range for the rest of the year before we get the final thrust.
Note
Like clockwork
Note
Just like I predicted
Note
72k then we start to slowly head down?
Note
Pull back is near IMO to 49k.
Note
Slow bleed to 49k. I will probably buy at 49k for the final thrust up.
Not investment advice as always.
Please hit the boost and follow to get notification when I post it.
Note
temporary relief soon at 56-57k
Note
Option 1 Option 2
Note
Both options take us to around 2k level
Note
looking good
Note
BTC is headed to 53k, I believe any bounce will be sold off before the next rally to new ATH
Please boost and follow. Not investment advice, please do your dd
Note
still on track. Getting close to buy (trade) time for me.
not investment advice
Note
The accuracy here has been amazing. Please give boost so others can see this idea.
Note
Like clockwork? Nibbled on some BTC here(for trade)
Note
not investment advice. Please do your own DD.
Note
Getting close to taking profit
Note
Not investment advice.
Note
Please boost idea if you find helpful.
Note
Like Clockwork?
Note
final leg down? Not investment advice please do your DD.
Note
still expecting 55k.. Not investment advice. Just my opinion.
Note
Okay maybe this is the real deal. a close above this line means we may not get back to 55k (for now). Not investment advice.
Note
BTC should hold the line here.
Not investment advice.
Note
Maybe we are headed to 49k like I predicted before. All time high still to come around 95-96k
Note
not investment advice
Note
Surge to the upside is coming soon but I will be taking profits then. Not investment advise.
Note
This is a fractal I have been following and I saw this coming.. A few more days and the market recovers.
Note
not investment advice
Note
okay I went back and looked above, where I thought we were going to 49k. I think we old here.
Not investment advice.
Note
I think we hold here*
Not investment advice
Note
like clockwork?
Trade active
BTC peaks in January around $90446
Note
Update here.. My target for BTC still remians 90-92k but I am also open to the fact that we may go further. Best case scenario is that we get to 140k.
Note
Nothing here is investment advice
Trade closed: target reached
My target for of 92k has been reached but I am also open to the fact that we may go further. Best case scenario is that we get to 140k Good luck.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.