⚙️ Chart Specs
Ticker / Pair: BTCUSDT
Time-Frame: 1W (log scale)
Indicators: Ichimoku Cloud (default), 7-year logarithmic channel, long-term trend-lines & Fib extensions
Date of publish: 17 May 2025
1️⃣ Macro Context
Bitcoin just printed a decisive weekly close above the mid-line of its 2017-2025 log channel while the Ichimoku Cloud has flipped full-bull (span A > span B). Post-2024 halving supply shock + macro liquidity rotation = strong tail-wind.
2️⃣ Projected Path
Phase Target zone % from breakout Key confluence
Break & sprint $255-270 K ~+140 % Vacuum above former ATH; minimal supply
Euphoria stretch $375 K ~+250 % Channel ceiling + 2.0 Fib
Blow-off wick $500-520 K ~+380 % 2.618 Fib extension + typical overshoot
Dashed white arrows on the chart sketch the base-case impulse and an optional “melt-up” extension.
3️⃣ Post-parabola Retrace
Historical cycles point to a -50 ~ -60 % draw-down once the upper red rail is tagged. I’m watching:
$255-250 K → first liquidity pocket / mid-channel
$215-210 K → 0.5 Fib retrace of the entire move
Either zone could reset weekly momentum while preserving the uptrend.
4️⃣ Invalidation Levels
Weekly close < $92 K → breakout failure → bias flips neutral, potential slide to red mid-line ~$75 K.
Close below channel base $60 K → macro thesis void, shift to bear bias.
5️⃣ Illustrative Trade Plan (not financial advice)
Leg Entry TP(s) Stop
Impulse swing Weekly close > $120 K $255 K / $375 K Weekly close < $92 K
Blow-off punt Break > $375 K on volume Trail toward $500 K 2-week trailing low
Retrace reload Bullish SFP at $255-210 K Ride next cycle Close < $200 K
📝 Take-aways
Base target sits in the $250 K region; exuberant extension eyes $500 K.
Expect aggressive mean reversion once the upper rail is hit.
Clear invalidations help keep emotions in check amid extreme volatility.
⚠️ This is an educational study,
Ticker / Pair: BTCUSDT
Time-Frame: 1W (log scale)
Indicators: Ichimoku Cloud (default), 7-year logarithmic channel, long-term trend-lines & Fib extensions
Date of publish: 17 May 2025
1️⃣ Macro Context
Bitcoin just printed a decisive weekly close above the mid-line of its 2017-2025 log channel while the Ichimoku Cloud has flipped full-bull (span A > span B). Post-2024 halving supply shock + macro liquidity rotation = strong tail-wind.
2️⃣ Projected Path
Phase Target zone % from breakout Key confluence
Break & sprint $255-270 K ~+140 % Vacuum above former ATH; minimal supply
Euphoria stretch $375 K ~+250 % Channel ceiling + 2.0 Fib
Blow-off wick $500-520 K ~+380 % 2.618 Fib extension + typical overshoot
Dashed white arrows on the chart sketch the base-case impulse and an optional “melt-up” extension.
3️⃣ Post-parabola Retrace
Historical cycles point to a -50 ~ -60 % draw-down once the upper red rail is tagged. I’m watching:
$255-250 K → first liquidity pocket / mid-channel
$215-210 K → 0.5 Fib retrace of the entire move
Either zone could reset weekly momentum while preserving the uptrend.
4️⃣ Invalidation Levels
Weekly close < $92 K → breakout failure → bias flips neutral, potential slide to red mid-line ~$75 K.
Close below channel base $60 K → macro thesis void, shift to bear bias.
5️⃣ Illustrative Trade Plan (not financial advice)
Leg Entry TP(s) Stop
Impulse swing Weekly close > $120 K $255 K / $375 K Weekly close < $92 K
Blow-off punt Break > $375 K on volume Trail toward $500 K 2-week trailing low
Retrace reload Bullish SFP at $255-210 K Ride next cycle Close < $200 K
📝 Take-aways
Base target sits in the $250 K region; exuberant extension eyes $500 K.
Expect aggressive mean reversion once the upper rail is hit.
Clear invalidations help keep emotions in check amid extreme volatility.
⚠️ This is an educational study,
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.
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.