2017
ABSOLUTELY INSANE: BTC doing EXACT 2017 FIB LEVELS
Look at this beauty!
Its the F SAME PATTERN as in 2017.
Even the previous correction has followed the EXACT fib levels.
Given that: Whats gonna be next?
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We could go as low as 7.4k! Bulls absolutely need to defend We have little to no support below these levels, we just pumped through them without spending much time, considering the traditional markets will probably be in a turmoil for about a year or so, expect bitcoin to drop as low as 8k! I do see a falling wedge, but we broke through too many support levels, we need a bounce now or it is over! Greetings from Dia
Blow off top 4th - 14th December (2021 chart)Takeaways:
234 days from first high to last high in 2013, will put us at 4th of December.
147 days from mid-summer dip reversal would but us at 14th of December.
Another interesting fact is that the average of both previous cycle hit of 2.272 (close to ATH ) is 4th of December (2013 28 Nov/2017 12 Dec)
Also, new moons are a very reliant top indicator (often 2-3 days within tops)
ALL of the three cycles had new moons at or days within the blow-off tops.
Blow off top 4th - 14th December Takeaways:
234 days from first high to last high in 2013, will put us at 4th of December.
147 days from mid-summer dip reversal would but us at 14th of December.
Another interesting fact is that the average of both previous cycle hit of 2.272 (close to ATH) is 4th of December (2013 28 Nov/2017 12 Dec)
Also, new moons are a very reliant top indicator (often 2-3 days within tops)
ALL of the three cycles had new moons at or days within the blow-off tops.
2017 BTC|USD 50-200MA | BTC.D vs ETH.D2017 - BTC|USD - 50-200MA | BTC.D vs ETH.D
This is a chart for the daily on the Bitcoin price action at the end of the bitcoin
4 year cycle back in 2017. Using percentage in this chart instead of the USD amount.
The percentage % move should look similar in theory in December 2021.
Use this chart as a reference to the previous cycle to be prepared to exit the
crypto market before the next bear market starts...
2017 LTC|USD 50-200MA | BTC.D vs ETH.D2017 LTC|USD - 50-200MA | BTC.D vs ETH.D - This is a chart for the daily on the Litecoin price action at the end of the bitcoin 4 year cycle. Using percentage in this chart instead of the USD amount. The percentage % move should look similar in theory in December 2021. Use this chart as a reference to the previous cycle to be prepared to exit the crypto market before the next bear market starts...
Bitcoin put your seatbelt onThe greedy pigs (that sounds so violent lol) might be very close to coming back. Pig is what are called greedy gambling type "investors" that join at the top of bubbles, not my word. "Bulls make money, bears make money, pigs get slaughtered", an old Wall Street saying.
I recently saw a man talking to a homeowner outside not too far, asking him if he knows someone that could work, I think he was putting "looking for workers" papers in mailboxes. In France. No one wants to work anymore. Companies are desperate for workers. Looks like a big population of potential gamblers that didn't work for their money and with way too much free time on their hands.
200k seems far but based on BTC past price action it could seriously be just 1-2 months away.
And it's all going to be the exact same story (not calling a top):
Gosh. I love roasting them SO MUCH.
The few gamblers that survived will get their dream in the end.
Out of the emotional gamblers with no rules of 2018 I would not be surprised if not 1 in 100 will make it to 200,000.
Of course, as always this tiny minority will show itself, looking for revenge and opportunities to say "told you so".
How about the other 99 gamblers that got broken?
I know some people really wanted to shut their mouths, but the vast majority got crushed and isn't around anymore to get their mouths shut.
And of course the ones still around are the survivors with survivor bias.
Life is not fair, there are always a few lucky people that survive. But does it really matter?
Being envious, jealous, angry, resentful is a punishment in itself. Good for them. Let's focus on our own performance. Not even the money, the perf.
To be honest I'm acting all emotionally strong giving this speech but in reality it is I have such contempt for them that like... Whatever some ants are joyful lol.
Exit plan anyone?
Ye I'll just use my empathy (ability to sense people emotions). When they go foam at the mouth crazy I'll be looking to sell / place a tighter stop.
I don't really have an exit plan.
Important warning: Unless you are an advanced investor and absolutely confident in what you are doing, have some exit strategy planned in advance. Would be a shame to risk 1%, be up 30%, then only get 5%, or as many do "breakeven" (these guys risk all profit the whole 30% but not that last 1% oh the mighty logic). Don't want to end up not knowing what to do.
Dayum think about it BTC has kept doing the same thing, the 2017-2019 gamblers were persuaded it would go way up. They held through pain. And then give up right before it shoots up. And now it's indeed doing what they expected. No rules. Full emotions. It did exactly what they expected topkek. They must be so upset.
I'd literally spawn rabbies viruses any time I hear a friend talk about BTC, or hear it on the tv, if I was them. Daaaaaaym, that's so embarassing too. I couldn't live with myself.
Even with a crystal ball they'd lose money. Clearly not anyone can be an investor. Not sure the right mindset can be learned. Literally my very first trade was me finding a high risk to reward with PAINT in NEO (/antshares) years ago. "Wow I can just risk that little and make this much? HOLY!". Also got hyped by insane arbitrage opps in crypto 2018, while "they" all were screaming at brokers for not letting them buy and sell at litteral random prices XD I swear, they did not even look at the price (was off by over 50% after some maintenances). You got to have solid guts and be ready to take risks, but be somewhat nitty picky at the same time.
BITCOIN 2017 VS 2021 COMPARISONI DONT HAVE PRO ACCOUNT SO I CANT MAKE ANALYSIS FROM 2 CHARTS AT THE SAME TIME SO PLEASE LOOK INTO WHOLE CHART, IF YOU LOOK AT THE LEFT SIDE OF THE CHART YOU WILL SEE 2017 CHART WITH FIBO LEVELS
Hi everyone, this is very simple comparison where I used fibo extension levels for comparison between 2017 bullrun and now. The key leves are at 1.618 and 2.618.
THIS IS JUST MY OPINION, I am not saying we are goin to hit those numbers but I am pretty sure that we will see some upward movement based on fibo levels.
Sum up:
2017:
1.618 level: 11 870.93 USD
2.618 level: 18 613.72 USD
2021:
1.618 level: 105 687.50 USD
2.618 level: 168 558.21 USD
PS: Always remeber, wait for confirmation! Feel free to comment and share you opinion! I am still learning so your opinion is welcomed!
Happy trading to everyone!
2017 comparisonI copied the wicks from the bottom after the 2017 ATH @~6000 and pulled them to ~april 2019.
Just food for thought.
No way this scenario is gonna play out IMHO
We will probably see more volatility and if we dont hold that 30k I don't see where we that ends.
I think we'll continue with the bullrun around autmn.
Health is more important than wealth.
BTCUSDT The Dirty Technical Analysis (READ: SHORT/LONG)BITBAY:BTCUSDT
We will make sure to update you and Keep adjusting but... We are still Getting that trace we are doing. 80% accurate still movement from 2017.
So why? why 2017? RSI ATR and MA and combining the met candle patters its like it is really programmed.
Trying not to Shill... but check this out. www.youtube.com
I will never be responsible with you money; your money your responsible.
Whatever happens, if we even hit that predictions I will be happy, if not it will be a learning for me and those who sees it the same how I see the market.
Bearish Long term... the 29K is still really possible still we will catch that... trade it with me...
Bullish Short term... lets break that 50K heavy sell orders there... huge magnets pulling us who are + on it...
Careful still as it is still at a crazy ATR as it come close to dagger hours and FRI SAT SUN Asia Pacific time. GMT Beijing +8
Patience is our greatest weapon in this kind of market so much emotions so much denials but we will be patient that's the only emotion we have...
Block the noise; stick with pack be an Owl.
btw HUGE LEG UP FOR ALTCOIN BURN THOSE MONEY WITH ALTS...
$INJ $KNC $PERP $CRV are just example of it... in coming $Matic $DOT $ADA $SHIB
It's not a rollercoaster if it never goes downThis is a picture perfect 2017 scenario that we've been long overdue for. On the way up to the blow-off top in 2017, we touched the bullmarket support band 2 times. We have yet to touch it. The OBV or on balance volume is coiling up similarly, the RSI has been diverging similarly, and the recent price action has been dropping similarly. If there is a time to touch this and get it over with, I'd suggest it be now; however, I think there's going to be too many antsy folks to allow it to drop that far for now. So we'll just kick the can down the road and eat dirt later I guess... So 50k for now then up. And guess what, I'm still longing because 4-5B worth of futures expire on the 30th, and the majority of them are calls, and allegedly they're aiming for 80k. That's a stretch, but hey... buy BTC while it's cheap.