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2023

You NEVER read Bitcoin Cycles in This WayAll Things Follow Patterns: Deciphering Bitcoin Through Nature's Lens Before delving deep, one must grasp a foundational truth: markets, with crypto being no exception, exhibit recurring patterns 🔄, much like nature's intricate tapestry. Witness these rhythms in seasonal shifts 🍁, the sun's majestic journey from dawn 🌅 to dusk 🌄, and even the emotional ebb and flow we undergo daily 😊😔. While countless individuals navigate the market's turbulent waters, a single trait echoes through every investor: raw emotion 😨😃. Fear and greed are the primary market drivers 📈📉. Stark numbers present a sobering reality: 95% of cryptocurrency enthusiasts witness their assets evaporate, leaving a meager 5% standing tall 🏆. However, mastering the art of reading market sentiments and recognizing the tides of collective joy and despair can be your ticket to the elite circle 🥇 Unraveling the Cyclical Model 🔄 Now that you're familiar with the cyclical model 📊, it's of paramount importance to dive deep into its intricate details and fathom how this insight can be wielded in the crypto realm 🪙. Let's explore the cycle's various stages. Below is a depiction of the cyclical model. You might be tempted to dismiss it as just another chart from a mundane tome on markets, trading, and investments 📚. But, hold that thought! Pause and imprint this graph onto your mind 🧠. The reason? You'll be in for a surprise when you discover the striking resemblance this illustration holds with concrete scenarios we'll unveil later 🕵️‍♂️. Accumulation Phase 📦 Smart Money 💼: In this period, the asset’s value seems stagnant and "unexciting" 🟦. Regular investors and traders, the retail crowd 🙍‍♂️🙍, tend to step back, paving the way for the "smart money" 💡💰 (major banks, hedge funds, big players) to seize assets at a bargain. First Growth Phase 📈 Institutional Investors 🏢: Here, the asset starts its ascent 🌱, yet subtly, not enough to make headlines 📰. The "smart money" persists in purchasing, preparing the terrain for what's next. Euphoria Phase 🎉 Public 🌍: Arguably the most electrifying cycle segment 🚀. As prices soar, retail participants flock 🐦. The media spotlight intensifies 🎥, newcomers enter buying en masse, further fueling the surge. And the "smart money"? They strategically exit, handing over to the novices. Capitulation Phase 📉 Capitulation 🏳️: Then, the downturn sets in. As prices dip, after "smart money" has exited, euphoria turns to dread 😱. Late buyers, who hopped in during the highs, are now in a frenzy, offloading assets. Thus, enters the "capitulation phase." The pattern? A perennial one, consistent across every market landscape 🔄. Grasping this cyclical nature aids in making informed moves – to buy, to sell, or just to hold and watch ⏳. Bringing Theory to Life: Tangible Scenarios 📚➡️🌍 Shifting our focus to concrete instances, consider the subsequent graph, which chronicles Bitcoin's entire financial trajectory 📈. This illustration lets us trace its periodic patterns. Conventionally, such a phase stretches over four years: a bullish 📈 period enduring 2.5 years and its bearish 📉 counterpart occupying the next 1.5 years. Keep in mind, these periods are merely indicative and can oscillate due to a myriad of elements 🌪️. Still, this template sheds light on prospective oscillations in Bitcoin's valuation. Next, we're diving deep into each Bitcoin cycle 🔄. But first, rewind to the original cyclical model graph. Now, stack up real-world instances against the cyclical model chart 📊. Spot how the real-world examples mirror the cyclical graph? The First Bitcoin Cycle 🌱 BTC was crafted on PCs purely for enthusiasts' thrills, sans regulators 👨‍💻. Between July '09 and June '11, BTC experienced its premier bullish wave 📈, soaring to $18.5 from mere $0.05, a staggering +64,000% leap! The Second Bitcoin Cycle 📈 BTC touched its first peak 🏔️, ushering its maiden bearish phase 📉. After a steep 93% decline, the bullish vibe quickly resurfaced, and from Nov '11 to Nov '13, BTC rocketed 🚀 from $2 to $1,240 - a whopping +60,000%! The Third Bitcoin Cycle 🐻 Another bear market came with a deep 86% cut - BTC plummeted from $1,240 to $167. From Jan '15 to Dec '17, bullish vibes raised the stake to $19,800 📈, a rise of 11,800%. The Fourth Bitcoin Cycle ⏳ BTC faced another 84% trimming 📉. From Dec '18 to Nov '21, the bullish phase propelled BTC to a majestic $69,000 from a modest $3,123, charting a 2,108% ascent. The Fifth Bitcoin Cycle 🚀 We stand here, as BTC price dances between $18k- FWB:25K 🩰, setting the stage for the Bitcoin cycle's nascent stages. A bullish tide is on the horizon 🌅, a moment crypto aficionados keenly anticipate. ❗See related ideas below❗ Like, share, and leave your thoughts in the comments! Your engagement fuels our crypto discussions. 💚🚀💚
Long
by Yaroslav_Krasko
6
BTC - Are The Bulls Strong Enough?❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst. As per my last BTC daily timeframe analysis, BTC rejected the 25,000 support and traded higher. 📈 For the bulls to remain in control , it's crucial for BTC to surpass the orange trendline and 28,000 minor resistance. If this occurs, we can expect further upward momentum toward the 30,000 resistance. 📉 Meanwhile, BTC would be stuck inside the 28,000 - 25,000 range, and is currently around the upper bound of the range. 📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management. Good luck! Remember, all strategies are good if managed properly! ~Rich
by TheSignalyst
9
BTC - Break or Make Zone ❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst. on Weekly: Left Chart 🏹 From a macro standpoint, Bitcoin has been predominantly bullish, characterized by higher highs and higher lows. Moreover, BTC is currently positioned around a robust support level at the psychologically significant round number of 25,000. 📌 As long as the support at 25,000 remains intact, there is an expectation that the bulls may regain control at any moment. As per my trading style: I will be looking for bullish setups (like a double top pattern, trendline break, and so on...) to confirm the bulls takeover. 📌 However, it's worth noting that BTC still has the possibility of descending, potentially dipping into the range between 24,300 and 25,000, or even breaching this support level to the downside. on H4: Right Chart For the bulls to take over medium-term, we need a break above the last high in red at 26,450. Meanwhile, BTC can still trade lower, dive inside the green support or even break it downward. 📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management. Good luck! Remember, all strategies are good if managed properly! ~Rich
by TheSignalyst
21
ETH - The Bulls Are Strong 🆙Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📊 After successfully surpassing the recent major high in blue earlier this week, Ethereum (ETH) is presently undergoing a retest around the 1690.0 level. As a result, we are actively seeking trend-following buy opportunities to capture the next price surge. 📈 I will be closely monitoring lower timeframes for any bullish setups that can validate this potential reversal. If such setups materialize, we can anticipate a move towards the 1800.0 supply zone. 📉 Conversely, if the bears manage to breach the 1690.0 support level , we should prepare for further downward movement towards the 1640.0 demand zone. In this scenario, we will be on the lookout for new buy opportunities around the 1640.0 level. Which of these scenarios is more likely to occur first, and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
10
BTC - Macro Support 👑Greetings, TradingView Family! This is Richard, also known as theSignalyst. 🏹 From a macro standpoint, Bitcoin has been predominantly bullish, characterized by higher highs and higher lows. Moreover, BTC is currently positioned around a robust support level at the psychologically significant round number of 25,000. 📌 As long as the support at 25,000 remains intact, there is an expectation that the bulls may regain control at any moment. As per my trading style: I will be looking for bullish setups (like a double top pattern, trendline break, and so on...) to confirm the bulls takeover. 📌 However, it's worth noting that BTC still has the possibility of descending, potentially dipping into the range between 24,300 and 25,000, or even breaching this support level to the downside. 📉 In the event that the support at 24,300 is breached downward with a daily candle closing below this level, it could signal a significant and lasting shift in market sentiment from bullish to bearish. 📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management. Good luck! Remember, all strategies are good if managed properly! ~Rich
by TheSignalyst
27
BTC - Trio Retest 3️⃣ Be Ready!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. I find the daily chart for BTC to be interesting as it appears to be forming one of my favorite patterns. What I call TRIO RETEST Here is why the last orange circle is a strong zone to keep an eye on: 1 => Overall Trend BTC has been bullish medium-term trading inside the rising broadening wedge in orange and now approaching the lower bound / trendline acting as a non-horizontal support. 2 => Support Zone The blue zone is a previous resistance turned into support and a Demand Zone. 3 => Oversold Zone BTC is bearish short-term trading inside the falling channel in red and now approaching the lower red trendline which I consider an oversold zone. As per my trading style: As BTC approaches the orange circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break, and so on...) 📚 Hope you find this post useful. It's important to always adhere to your trading plan, including entry points, risk management strategies, and trade management techniques. All Strategies Are Good; If Managed Properly! ~Richard Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. It is important to do your own research and make informed decisions before entering any trades. Past performance is not indicative of future results. Always be aware of the potential for losses, and never risk more than you can afford to lose.
by TheSignalyst
36
Overview of Cryptocurrency Volatility - 1M, Jule, 2023.Analysis of the volatility index in Jule. Time interval - 1 month. Currency - USDT or equivalent to BUSD . The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins. Top 15 Coins (Jule): 1. BINANCE:WLDUSDT WLD/usdt - 1444% (High&Low: 3426.67%) 2. BINANCE:ARKMUSDT ARKM/usdt - 917.80% (High&Low: 1680%) 3. BINANCE:XVGUSDT XVG/usdt - 98.85% (High&Low: 294.56%) 4. BINANCE:STMXUSDT STMX/usdt - 58.71% (High&Low: 295.75%) 5. BINANCE:MKRUSDT MKR/usdt - 47.53% (High&Low: 67.63%) 6. BINANCE:XRPUSDT XRP/usdt - 47.48% (High&Low: 101.59%) 7. BINANCE:XLMUSDT XLM/usdt - 35.50% (High&Low: 92.86%) 8. BINANCE:TOMOUSDT TOMO/usdt - 34.08% (High&Low: 77.35%) 9. BINANCE:KNCUSDT KNC/usdt - 29.03% (High&Low: 53.98%) 10. BINANCE:OGNUSDT OGN/usdt - 28.34% (High&Low: 89.23%) 11. BINANCE:COMBOUSDT COMBO/usdt - 26.50% (High&Low: 38.16%) 12. BINANCE:SOLUSDT SOL/usdt - 25.89% (High&Low: 75.49%) 13. BINANCE:CRVUSDT CRV/usdt - 25.49% (High&Low: 45.60%) 14. BINANCE:MAVUSDT MAV/usdt - 24.91% (High&Low: 68.04%) 15. BINANCE:UNIUSDT UNI/usdt - 23.87% (High&Low: 29.60%) The coin showed the worst result: BINANCE:ENJUSDT ENJ/usdt - 0.1% (High&Low: 22.01%). Full list of analyzed coins: www.tradingview.com Analysis information for all coins: docs.google.com Thanks for your attention!
by StCogitans
Overview of Cryptocurrency Volatility - 1M, June, 2023.Analysis of the volatility index in June. Time interval - 1 month. Currency - USDT or equivalent to BUSD . The selection is carried out according to the lists of cryptocurrencies that are represented on the spot and futures markets, with a total of more than a hundred coins. Top 15 Coins (June): 1. BINANCE:MAVUSDT MAV/usdt - 718.40% (High&Low: 3860%) 2. BINANCE:BCHUSDT BCH/usdt - 168.49% (High&Low: 210.68%) 3. BINANCE:XECUSDT XEC/usdt - 64.61% (High&Low: 93.72%) 4. BINANCE:COMPUSDT COMP/usdt - 55.80% (High&Low: 101.03%) 5. BINANCE:COMBOUSDT COMBO/usdt - 50.98% (High&Low: 73.35%) 6. BINANCE:BNXUSDT BNX/usdt - 46.54% (High&Low: 64.23%) 7. BINANCE:EDUUSDT EDU/usdt - 46.16% (High&Low: 53.69%) 8. BINANCE:LINAUSDT LINA/usdt - 40.68% (High&Low: 86%) 9. BINANCE:IDUSDT ID/usdt - 40.04% (High&Low: 49.63%) 10. BINANCE:HIGHUSDT HIGH/usdt - 37.64% (High&Low: 64.64%) 11. BINANCE:XVGUSDT XVG/usdt - 36.24% (High&Low: 124.60%) 12. BINANCE:AGLDUSDT AGLD/usdt - 32.28% (High&Low: 53.27%) 13. BINANCE:MKRUSDT MKR/usdt - 30.66% (High&Low: 54.87%) 14. BINANCE:ACHUSDT ACH/usdt - 30.55% (High&Low: 53.81%) 15. BINANCE:CFXUSDT CFX/usdt - 29.75% (High&Low: 43.97%) The coin showed the worst result: BINANCE:ARBUSDT ARB/usdt - 0.28% (High&Low: 30.25%). Full list of analyzed coins: www.tradingview.com Analysis information for all coins: docs.google.com Thanks for your attention!
by StCogitans
BTC - Critical Resistance Retest ❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst. 📌 This week, BTC broke below the 29,500 support level and the previous major low, signaling the bears' dominance in the market. Currently, the price is trading within the falling red channel, indicating a downward trend. 📈 To regain control, the bulls need to achieve a momentum candle close above 29,850. This could potentially shift the market sentiment in favor of the bulls. 📉 However, it's important to note that the overall bias remains bearish, and the recent short-term bullish movement may be considered a correction within the larger downtrend. 📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management. Good luck! Remember, all strategies are good if managed properly! ~Rich
by TheSignalyst
33
ETH - Around Support AGAIN ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last ETH analysis (attached on the chart), we were looking for buy setups around the green support. ETH is still stuck inside a big range in the shape of a flat rising broadening wedge, and it is currently retesting the lower red trendline. Moreover, the zone 1830 is a strong support. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline. As per my trading style: As ETH approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📉 In parallel, if the green support zone is broken downward, expect further bearish movement till the 1730 demand zone. Which scenario do you think is more likely to happen? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
21
BTC - I am Back 😁Greetings, TradingView Family! This is Richard, also known as theSignalyst. 📌 After 2 weeks off the charts, I am back as a married man. The past 2 weeks were boring, as BTC is still stuck inside a range. Hence, there haven't been many updates from a Daily timeframe perspective. I hope to post a short-term view by tomorrow. 🏹 From a macro standpoint, for the bulls to regain control, a weekly break above 32,000 in green is crucial. 📌 However, as mentioned 2 weeks ago, the bears still retain the potential to initiate one more bearish correction before the bullish momentum resumes. 📉 To trigger a bearish correction, a breakdown below the red support level at 29,500 is necessary. 📌 BTC is now trying to break below 29,500. If this H4 candle closes below 29,500, we can anticipate a movement towards the blue support at 27,500. There, we will actively seek out new trend-following bullish setups. Now, I would love to hear your insights on which scenario seems more likely to unfold and the reasoning behind your perspective. 📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management. Good luck! Remember, all strategies are good if managed properly! ~Rich
by TheSignalyst
38