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btc 12-6 [bull case]g' afternoon my bear frens coming here to bring you a delicious bull case. --- will keep this really simple. i think a majority of the market is in a nested 1-2 down here, and i'm predicting it causes a parabolic rip upwards to about 20k+ --- the catalyst will likely be cpi print beat + jpow starting to reduce the amount of rate hikes going forward. --- this is not financial advice! this is simply A bull case. there's like 10 bear cases and 1 bull cases right now, so take what i'm saying here with a total grain of salt. ✌
Long
by notoriousbids
1
The fearless minds of strong men!Through out history men have done great things, so great that some are still not understood today in our modern advanced world. We tend to think they had less then us, (most likely true) maybe that's what made them great, the will to reach new heights. It's the unknown that they reached for for fearlessly. Most of the time reaching for nothing or too high. Through virtue and passing knowledge to one another while working together the steps to greatness have been achieved over time. In our modern world many things have changed but our senses remain the same. Fear still has the same effect on us, it makes us do irrational things. Decisions made under emotional distress has always led to the same results through out eternity. Another quality these men had was to go where others had not or dared not. Once again fear, fear of the unknown. Travelling the path less travelled. If the path is less travelled than by default there is more new things or ideas to discover. Having said all of this about conquering your fear and being bold, another thing all these great men had in common was preparation, organization and contingency plans with alternate strategies. Preparation and plans are tools to control your fears and emotions. This brings us to to Aristotle. Arguable one the greatest teachers of all time. He said "We are what we repeatedly do. Excellence, then, is not an act, but a habit." So... making small gains in investing is the longer march to victory. He also said "those who know, do. Those who understand teach." Aristotle taught Alexander on a face to face basis for approximately 7 years. Alexander then went out to find his destiny saying, "There is nothing impossible to him who will try." On to Julius Caesar and his famed glory, he always looked to match Alexander. Some of His famous quotes are "Without training, they lacked knowledge, without knowledge, they lacked confidence, without confidence, the lacked victory." Once again, preparation... with that preparation he was then led to say another famous quote, "I came, I saw, I conquered." Trading view understands this as well and they have the same outlook. "Look, then leap." This a climbing the mountain outlook. At the end of the day it's the same thing. Investing is very similar to preparing for battle or for a difficult climb. Investors are both your allies and enemies just like the terrain on a climb or the battle field . It's up to you to figure out and know when to push and when to retreat. Looking back at history can be insightful to say the least. When we look at charts we are looking at what has past before and look for the similar patterns. This too is not new knowledge (history repeating) it's age old information but a lot of people today are blind to it. King Salomon quote in ecclesiastic eludes to just this. "What has been is what will be, and what has been done is what will be done, and there is nothing new under the sun." History is cyclical it always comes back around in some form or another. Another great quote from Salomon is " words kill, words give life, they're either poison or fruit... You choose." I have added the CM_Williams_VIX to the chart. On the monthly it has done some interesting patterns in the past, take a look. So... Choose your destiny, it's up to you. What ever road you choose... be blessed, if not one way, another, and always make the best of what comes your way. Thanks for looking WeAreSat0shi Stay Blessed!
BNC:BLXEducation
by WeAreSat0shi
1
btc 11-26 updategm --- i've been trying to figure out a way to finish the count at 13\14k, but the structure just simply will not let me. so i'm proposing an expanded w5 to finish the count between 11~7k. that might seem low to some people, but when you zoom out - it's just a little ripple in the ocean. --- the final capitulation phase in crypto generally see's the hash-rate crash through the ground, the weaker btc miners go insolvent, and most of the major players who were not prepared for this \ who were over-leveraged, simply just fall off the grid. it can be easily avoided, by not being in the market at this time. --- ps. i could be wrong about the bear case - so refer to the bull case if you're on the other side. 👇 --- and if you've made it this far, just know that it's always darkest before dawn. 👇 🔺
by notoriousbids
5
btc 11-18good afternoon, really quick update for you guys. ---- lot has happened over the last few weeks, but things are starting to slow down - which is a good sign for the bull case. i initially gave you guys this setup before i left on my vacation, and we've been slowly but surely coming down to my level. check out that post via: ---- overall, next week is the new moon, thanksgiving day, fomc, and more. might see an anticipatory spike, followed by the final capitulation . after which, IF all goes well, we should theoretically be able to see a significant reversal to the upside- emphasis on the word IF.
by notoriousbids
5
$BTC to $23-25k, then $15.8k? The ultimate bull trap?Alright, as many of you've seen, I've updated my previous chart in the comments and have become short term bullish. I do think that BTC heads higher in the next few weeks tagging the $23.5k mark or $25k mark. I was originally thinking that this would make the short term bottom of this move down, but now I'm questioning that thesis and I think that this is the more likely scenario that will play out... Let me explain. Something never looked right to me when analyzing the Ichimoku cloud. Why is it trending down on the 2D chart? Also, if you analyze it from a 3D chart, the cloud is too thick with resistance to break through. So that leads me to believe we're not ready for the breakout higher yet. From all of the charts I've seen people post, most people think we're going to $21k than instantly reversing lower. Then the other camp thinks that $23.5k is the line in the sand, and that if we break that, we've started a new bullish trend. This all leads me to believe that the most likely outcome is that we break both resistances and hit $25k, and only after we don't break that, we reverse lower. I think that would lure the most people into the market. I think most people at that point would think to buy the dip (because again, the new bull trend is starting). However, I think rejecting $25k, would just form a double top from the move back in August and setup a move lower (where we finally break the lows). I think if this all plays out, and we can't surpass $25k to form a new high, it sets up the move down that I was expecting to around $15.8k. I think the move up plays out before the middle of November and I think the move down would play out towards the back half of November bottoming sometime in early to mid December. I've added pivot points to look for changes in price action. Only after this plays out, would I expect a large bear market rally (one that takes us back up to the $30k region). I am long BTC and a lot of alts at the moment (because I'm expecting 50-100% exit pumps before we head lower). On any significant moves higher, I'll be locking in profits because I don't want to risk staying in the market if this plays out like I'm expecting. Good luck. Let's see how it all plays out over the coming 4-8 weeks.
COINBASE:BTCUSD
by benjihyam
27
Can the Pi cycle top predict the bottom?Can the Pi cycle top predict the bottom as well? Yes it can, it has on three different occasions. Coupled with the investors tool not only has it predicted 3 bottoms within 10 days but also the percentage within 7%. In order to see view this you must be on the one day chart and use the investors tool with the Pi cycle top indicator. When the Orange line has crossed down below the the bottom of the investors tool trading range in the past it was precisely at the bottom within 10 days and has done this on three occasions that all marked the bottom. 2015 was the first time and it fell 53% (you can scroll back to see) 2018 was the second @ 45% fall and the third time was June of this year that fell 49%. both times afterwards price action met this line (Pi Cycle orange) as resistance including this year. On both other occasions the end of the bear market was marked as soon as price action broke above and then held this line as support. SO far it's all playing out perfectly, so for me only have we market the bottom we could be ready to flip this line in the next few weeks. We should never use just one indicator to come up with a conclusion so it's our job to find more of them. Let's see what you have. Cheers and thanks for looking If you have any questions or comments please don't hesitate to comment below.
BNC:BLXLong
by WeAreSat0shi
3
Does history repeat?The question here is, if history repeats and how accurate it may be. Well so far it has on two other occasions irrefutably along with the RSI. As we can see here on the 5 day chart the 21 day yellow line crossed the 200 day purple line right on schedule. In previous history the 21 day cross came after the price bottom and had direct correlation with the RSI. The RSI then formed bull divergence and kicked off the next bull run. Looking at this bear market there is almost an exact pattern playing out with all of the indictors including divergence. I also have linked another chart with similar evidence in as well. Let me know what you think in the chat below. How strong do you think historical data is? Do you think it likely plays out ? Is this time different? *Always drink and invest responsible*
BNC:BLXLong
by WeAreSat0shi
2
Bitcoins first time ever!! This may be concerning.What is it that bitcoin has done for the first time ever? well, it's two things. Moving average legend Yellow 50 week red 100 week purple 200 week white 300 week First being, the cross of the 50 week and the 100 week had meant the bottom was in and there was never a lower low after that point. In fact it would rally up to the 50 week and meet it as resistance. Second being, Bitcoin had never breached the 300 week moving average before. The first time it touched it was in the covid crash of 2020 but it didn't breach it and actually took a very strong bounce off of it. So this could have been for telling of the future for but were we paying attention? Well not only has bitcoin been battling with Moving average, it just breached it substantially. Not all is lost yet as the week hasn't closed yet. Bitcoin needs to close above 18.1k for this not to happen. The good news is Bitcoin does have a bullish divergence on the RSI and price so let's keep an eye on it and see how it reacts now that it's pierced this moving average. I just added the 400 week Moving average (green) on the chart and oddly enough it sits on one the strongest support of Bitcoins history @ 13.7k So if Bitcoin doesn't close this week above 18.1k, and meets this 300 MA as resistance next week, you best believe we will go lower to 13.7k Thanks for looking and leave thoughts or questions in the comment section. WeAreSat0shi Not investment advice>
BITSTAMP:BTCUSD
by WeAreSat0shi
Measured moves predicts Bitcoin bottomThis is a BLX chart. Since 2014 every measure moved has predicted bitcoin bottom, with the weekly 200 ema, currently at 22431ish being the general bottom. Green squares are the measure wave impulses. Red squares are the duplicates of the green. Bitcoin wicked down past the 200 ema 3 times. Two times at -14%, and the covid wick at -29%. Prices are marked in the chart. Considering traditional markets, cpi inflation, fed rates, and how close bitcoin is to the 200, I couldn't imagine bitcoin going on a bullish run without tapping the 200....
BNC:BLXShort
by Crypto-Crapshoots
3
Bitcoins Peculiar Elliot Waves! #2This chart is a second look at " Bitcoins Peculiar Elliot waves" In this analysis we are assuming that wave 3 has not finished yet, but should do so by summer next year. June @ 95 bars would mark a 2.5 lengthened cycle from the first first wave. The next look is into an a possible extended bear market with the bar length all clearly marked, at this point for me it's just an educated guess. I want to note that price is not the emphasis of this outlook, it is cycle and time line based...So please don't get caught up on price points. I have listed the original "bitcoins Peculiar Elliot Waves" in this chart as well. take a look and let me know what you think down below. The answer to this one is sooner than later so we'll know how valid this cycle analysis is by midpoint next year. Also please do not take any of this as investment advice, it's just an observation and should be taken as educational. Thank you for looking and stay blessed! WeAreSat0shi
BNC:BLX
by WeAreSat0shi
2
Bitcoins Peculiar Elliot Waves! If this accurate, Bitcoin might have one of the peculiar Elliot waves cycles. The cycles so far as we can see have been clearly lengthening, but will it continue? What I am proposing here goes against that narrative but is within cycle parameters and structure as shown with the labeled length in bars . We are on the monthly chart here so every bar is one month. This is not a prediction of any sort but a wave analysis and what would be fairly surprising for a lot of people yet not derailing and still falling within past cycles. Looking at this, I really think this would catch a lot of people of guard at cycles end while correcting and preparing for the next wave most likely entering 2030. The correction would be devastating and destroy all belief in the asset. It would most likely obliterate most altcoins, only the truly good projects would survive. Let me know what you think down below. This is no means investment advice and should not be taken as such. Remember, we the people are Satoshi!! Thank you WeAreSat0shi
BNC:BLX
by WeAreSat0shi
3
Will Bitcoin ever break above it's old trend line? #2 Hey fellow traders and Bitcoin enthusiast, A month a go I made chart labeled "will bitcoin ever break above it's old trend line?' It was met with overwhelming response from the community as it was my most popularity chart. The charts focus was a look into the indicator "BTC Log Rainbow" coded by BullRider802. I wanted to look even deeper into this chart and indicator and see if there is any confluence to it with any other indicator.... Well I have found one. "HTF Log Curves Oscillator" coded by quantadelic is the one on the bottom and it's showing the same exact thing. So we have to different Indicators coded by two different coders literally telling us the same thing! As we can clearly see the HTF was in a clear trading channel bitcoins entire existence and then show's a breach in 2020 as the other did, price action then shows a quick recovery to the eventual lack of hitting the top of the channel and the ultimate break though the bottom. What does this mean? To me, first off, It means the math and coding used is sound. Both indicators separate from each other are reacting in the same way, and we might need to pay attention. Why do we need to pay attention? The age old saying in investing is why, what was previous support is future resistance. These could very well show us the next bitcoin top and or bottom. The one thing that is for sure is they are both either showing a slow down in bitcoins parabola or a consolidation period. That still remains to be seen. Follow along with me and let's find out together. I would like to thank everyone who has recently followed me, liked the chart and the Tradingview team for recognizing my work and helping this view get out. Once again the support and response has truly been overwhelming. Thank you. Please feel free to comment your thoughts or questions down below. Remember, WeAreSat0shi Stay blessed!
BNC:BLX
by WeAreSat0shi
Bitcoin and what to look for.A break and close above the top line has a good chance to lead to parabolic rally to 150k. A break and close of the bottom line (Specifically bellow 29k) could lead to a a 19k to 14k correction. As of right now Bitcoin the macd turning up and we are waiting for a cross up on it to make it official. The Stochastic has a buy signal with momentum up. On the RSI we have a very interesting hidden bullish divergence that has formed. This signal carries to the two week and the monthly as well. You now where to buy and where to sell. This is not financial advice.
BNC:BLX
by WeAreSat0shi
Bitcoin and Elliot playing in the waves of time!This chart by no means is a price prediction. It's a look into a possible future for bitcoin in the coming years based on Elliot wave theory. In this chart I am are assuming that Bitcoins next move is the start of wave 5 in Elliot wave theory. When ever it ends the theory states that a massive ABC correction will follow, which would kill the mania and be bitcoins first true BIG bear market. This correction ( crash ) would not only be devastating by price but also by time, as it would most likely last multiple years and be the longest bear market to date. It would physiologically kill the market, and it's this this bear market that would likely kill all the shit coins and show which projects will last for years to come. It's only a devastating crash like that would cleans the market of scams, that would then catapult all the survivors to the next level in the eventual impulse wave 3! Time frame My time frame for this to start is 2026 to 2029. It all depends on how long it takes for the first impulse wave of wave 5 takes. How long will the bear market crash last? The question that everyone would answered is the one question that no one can answer. It could be that some or most people might not see new highs for the rest of their natural lives... So 10 to 30 years... But I would say most likely 10 to 15 years would be in the cards. What about adoption? I believe that in this bear market is when the true adoption and the realization of the use and necessity of Bitcoin/blockchain/defi to the masses. This is where Bitcoin gains critical mass in my opinion, but it will take a long time. This is all hypothetical of course providing we haven't lost technology through war or any other interruptions. This is my outlook for the next decade or so, but I might be getting ahead of my self. Let me know what you think in the comment section down below. Thanks for looking *The only certainty is, that there is no certainty *
BNC:BLXEducation
by WeAreSat0shi
$BTC to $15.8k? Over the last few days, I've switched my bias towards the downside. The trigger was $BTC losing the $19.2k support yesterday which increases the likelihood of further downside. As you can see from the chart, there's a H&S that formed on the 2 day chart. If it were to break the neckline, I think we could see a capitulation low happen quickly. The price action was enough for me to completely exit the crypto market and stocks. Not sure what the catalyst will be, if it'll be the PMI, or something else, but I think the risk is greater than the reward at this point of being long. So I'm going to sit in cash. I have bids set at $15.8k should this play out. There may be some volatility over the next week or two that could send prices higher in the short term, but if it doesn't break $22.5k, this idea is still valid. If $15.8k gets hit, then I revert back to my previous idea where I think that'll setup a run into the $30k range. I'd anticipate a move playing out sometime over the next 1-6 weeks. Let's see.
COINBASE:BTCUSDShort
by benjihyam
13