Crypto bull market about to being until early 2025
Updated
The majority of market participants are not in the slightest bit prepared for what is about to happen. The sentiment is beyond bearish . Consistent media stories seem to have programmed us all to accept recession is coming, markets are going to crash, war is coming, the skies are falling, tides are rising, basically Armageddon.
It’s all true. Recession is coming. But let me tell you something about recessions, they are fantastic transfers of wealth. Recessions benefit those ‘in the know’ who accept change whereas those ‘resistant to change’ will find their wealth erode.
On to the TA…
The above chart is 3-day candles with almost 10 years of data.
The 3-day death cross is perhaps one of the most consistent reliable signals to take a long position within the crypto market. Yes, death crosses do not exactly scream ‘buy’, but that’s exactly what the 5% of market participants are doing. Did you know the top 100 Bitcoin wallets just added almost 20,000 Bitcoin to their wallets alone in the last 24 hours! Guess who sold it to them?!
While we only have two data points to examine, there’s a number of factors to consider:
1) A ‘incredible buy’ signal is printing at this moment (purple circles), it is yet to confirm. Once it confirms I’ll update this idea to ‘trade active’.
2) Those orange circles highlight the 3-day death crosses.
2a: price action falls below and rejects 3-day/50-day SMA (blue line).
2b: death cross prints.
2c: price action bottoms.
2d: Price action recovers 2-day/50-day SMA , the rest is history.
Is it possible price action falls further? For sure.
Is it probable? No.
A buy from 22.5k is amazing if you can get it, if somehow it is pushed down there. Don’t worry about the panic, just grab it with both hands. For the record, I’m already long, there’s no way I’m trying to time this market.
Good luck!
Ww
Type: investment
Risk: <=6% of portfolio
Timeframe: 18-36 months
Return: 800% minimum
It’s all true. Recession is coming. But let me tell you something about recessions, they are fantastic transfers of wealth. Recessions benefit those ‘in the know’ who accept change whereas those ‘resistant to change’ will find their wealth erode.
On to the TA…
The above chart is 3-day candles with almost 10 years of data.
The 3-day death cross is perhaps one of the most consistent reliable signals to take a long position within the crypto market. Yes, death crosses do not exactly scream ‘buy’, but that’s exactly what the 5% of market participants are doing. Did you know the top 100 Bitcoin wallets just added almost 20,000 Bitcoin to their wallets alone in the last 24 hours! Guess who sold it to them?!
While we only have two data points to examine, there’s a number of factors to consider:
1) A ‘incredible buy’ signal is printing at this moment (purple circles), it is yet to confirm. Once it confirms I’ll update this idea to ‘trade active’.
2) Those orange circles highlight the 3-day death crosses.
2a: price action falls below and rejects 3-day/50-day SMA (blue line).
2b: death cross prints.
2c: price action bottoms.
2d: Price action recovers 2-day/50-day SMA , the rest is history.
Is it possible price action falls further? For sure.
Is it probable? No.
A buy from 22.5k is amazing if you can get it, if somehow it is pushed down there. Don’t worry about the panic, just grab it with both hands. For the record, I’m already long, there’s no way I’m trying to time this market.
Good luck!
Ww
Type: investment
Risk: <=6% of portfolio
Timeframe: 18-36 months
Return: 800% minimum
Note
No, no 'buy' signal yet.. calm down.The weekly chart on BTC price action is printing candles below the lower log growth curve. Hadn't noticed before. Look left. This is the 2nd time in BTC price action has print below here.
Note
Not yet but getting very close, perhaps within the next 72 hours or so. I've a feeling price action will just tack on 10k in a single day shocking everyone. Everyone but us.Note
Nope no signal has printed yet. But you’ll love this…The crypto market is about to explode a lot higher. If you’ve been selling those past fews weeks and days, then these charts are going to make you sick. Look away.
On the 2-day charts below a ratio is shown between the Dow Jones Industrial Average and Gold price action. It has just printed a death cross on the 2-day chart. This is important. Lets look left…
(Purple line is crypto market total)
2-day death cross April 2016
Crypto Market went from 7 Billion to 700 billion
2-day death cross August 2019
Crypto market went from 270 billion to 2.7 trillion
Today:
The 2-day death cross has just printed.
What does this mean? Simply put it means be ‘risk on’.
Trade active
Trade ACTIVE !! For the 3rd time in Bitcoin's history a 'incredible buy' signal has printed on the 3-day chart. What does this mean? It means 95% probability of upside from here on. Look left.
2022: Re-test all time high + upside break.
2023: New all time high. Will publish what that is later.
Trade active
Had so many messages recently, can’t answer them all. Typically along the lines of>> ‘we’re going to 22k first before next bull run’
or
>> ‘Such and such says we could go to 112K, I’m staying in cash’
or
>> ‘the next bull run does not begin until 2023 at least’
Folks… Before becoming one of those messages, ask yourself, am I trying to time the market? I guarantee you will not succeed. No one knows where the bottom is, I certainly don’t. However I can measure the probability. And right now the chart is sending a message loud and clear.
On the 3-day charts below a measurement is taken from the 3-day death cross until the market bottom at the same time the ‘incredible buy’ signal printed.
24 days came to pass between the death cross and the market bottom in 2015 and 2018.
2015 and 2018
Drum roll… 2022, we’re exactly on day 24 (June 6th) today since the 3-day death cross. Do you see what I’m trying to tell you?
Note
As per last update above.. a significant upward move should be seen sometime during the dates of June 12th through to the 15th.Why those dates? Look left on the last two 'incredible buy' signals that followed a 3-day death cross price action uptrend began within a measured window of time, that is what those dates represent.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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