Not a financial advisor; simply sharing my own thoughts on the markets.
Bitcoin is now back in the "slow load, implode" territory. I have been minimizing exposure and waiting to catch long bottoms. Observations:
Based on my new "Circles of Roundness" theory, we should be expecting some moves along the white lines in the charts. I am expecting that towards the end of that time frame we should see BTC/USD sitting somewhere around the $55,009 mark or so. Do note: this is a new theory I am implementing, so it might take a few tried to get it zero'd in. Trade Zen.
Bitcoin is now back in the "slow load, implode" territory. I have been minimizing exposure and waiting to catch long bottoms. Observations:
- HEX.D and ADA.D have lined up with a 8% correction
- MATIC.D had an amazing rip 12%+
- BTC and SPY inverted on each other yesterday
Based on my new "Circles of Roundness" theory, we should be expecting some moves along the white lines in the charts. I am expecting that towards the end of that time frame we should see BTC/USD sitting somewhere around the $55,009 mark or so. Do note: this is a new theory I am implementing, so it might take a few tried to get it zero'd in. Trade Zen.
Note
Also spotted ADA.D(-) and USDC.D(+) lining up for a 11%-/+ matchNote
found some interesting time targets. will update with public trend as info evolves.Note
theory dis-proven. disregard study. sorry.
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Disclaimer
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.