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Bencowen

#btcstarburst Could a Pizza be Right?Like to through in diversity… technical analyst is just study into Gann… So they all lead down the same path. This chart is is interesting… last time using it it timed the the Russian/Ukrainian Bitcoin Crash pretty perfect… Interesting how that worked out. Will it fall below the red I don’t know, the rings are support along with lines… Closing in to the 4 hour you can make a better decision. I am always neutral… Bitcoin is something that will always have value in my opinion so it should be stacked when you can get it at a discount. DCA safely Gold is the consolidation zone( i am guessing, I believe we are gearing up) Staying above the red line is great…
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by Jonnycatx
#btcstarburst Chainlink Is Staking the Catalyst?Mentioned The CHAINLINK many times. It has lots going on… What is an oracle? Basically a bridge from the real world to the crypto world/blockchain. (Blockchain oracles are entities that connect blockchains to external systems, thereby enabling smart contracts to execute based upon inputs and outputs from the real world. ). Chainlink is building at a rapid pace and announced STAKING… STAKING… STAKING yes i said that 3 time so regardless of price action now. Long term it will probably be outpace most projects like it… this is just a gan Stud DCA safely
BINANCE:LINKUSD
by Jonnycatx
2
Where are we headed 2 - If we repeat the past - % moves & TimeIn this view point, I look at what we have done in the resent past & the % gains vs the time frames for these moves to come to fruition, also i consider BTC is always being accumulated Marco with micro distribution phases. The basis of this analysis is what if the July 2019 peak to March 2020 capitulation to October 2020 kick off bull run repeats itself During this period of time The accumulation event took 469 days from the ATH to the start of the bull run BTC had a 72% correction from ATH The 2021 bull run Started in October 2020 and peaked in April 2021 ( 188 days) and made a 600% move to the upside from the average price (of the 2019 to 2020 accumulation phase) if we apply that to current phase .... and if we repeat the past The current accumulation phase will end in July 2022 (469 days from April 2021) The mark up or bull run phase will peak in Jan 2023 (188 days from July 2021) If we repeat the same % gains from the average accumulation price it will bring the next peak at 280K however we must consider diminishing returns .... what if we only achieve 500% .. that brings the next peak to 240k what if the move is only 300% .... that brings us too 160k .. so based on this viewpoint i put the next cycle peak between 160K to 280K .... my money would be somewhere in the middle
BITSTAMP:BTCUSDLong
by BillyK
2