Bitcoin's historical 868 day low to high cycleIt appears that every bull market lasts 868 days.
August 2015 to Dec 2017 - Bitcoin did a 78x growing from $194 to $19.1k
Dec 2018 to November 2021 - Bitcoin did a 20x growing from $3.1k to $69k
November 2022 to present - Bitcoin has grown from $15k to $99k with more expected.
Following this 868 day pattern the bull market is expected to end in late March 2025 roughly 110 days away.
The question is, does BlackRock change things? Does America's promise to buy 250,000 BTC a year for 5 years change things? The big money is coming.
Cryptocycle
Bitcoin All Time High Drawdown - Bottom has been in.This chart shows the amount price has dropped from all time high to all time low during each bitcoin market 'cycle'. Each cycle's price action obviously being fueled by Bitcoin's Proof of Work Halving.
As you can seek, the bottom trendline (market bottoms) shows a 4 degree slope upwards, with the top trendline (market tops) having a slight slope downwards.
Both signify a reduction of percentage dropped in price from cycle All Time High.
In short (heh), what I mean to say is: a decade of data points are showing that this is a great area to be loading up for the next crypto bull run. Don't let the market FUD cloud your vision.
Stay savvy.
As always, this is not financial advice.
Solana (SOL) -> New Altcoin SeasonMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Solana.
During the year 2021 we saw a crazy rally of more than 25.000% on Solana and since the beginning of 2022 Solana perfectly dropped more than 90% towards the downside.
Following this overall long term pump and dump trend I do expect another crazy pump after Solana broke out of the current triangle formation.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
Ethereum -> My New Trading PlanMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Ethereum .
You can perfectly see that just a couple of months ago Ethereum retested the preivous cycle high of 2018 at the plsychological $1000 level. Since then Ethereum already pumped 100%.
However there is still a possibility that Ethereum will once again retest support at the $1000 level and then start the next bullish cycle from there. I will personally buy the dip.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
Ethereum -> Will The Cluster Actually Hold?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪
If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so everything looks like we are starting the next major bullish crypto cycle.
The weekly structure level at the $2000 area is still pressing Ethereum but eventually I also do expect a break above this level and then simply more weekly bullish continuation.
Looking at the daily parallel rising channel on Ethereum you can see that Ethereum is currently retesting the lower support, market structure is still bullish but we could certainly see a break below the level and then I am using every dip to buy more Ethereum.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
Do you get a feel what market we're in now by a quick look?One of the key things for EMAflow is providing big picture analytical tools they are uniquely designed and highly visual its not about the numbers most of the time - its all about the vibe and feel - heatmap feature will produce nicely glowing colors depending the state of the candle which when zoomed out creates a glowing vibe what type of candles dominate.
Blue are extreme moves - topping , bottoming or in the middle of extreme price rally and they are to be read with emaflow bands as they add the full picture.
Green is a sign of a upside - but be careful it usually appears as the price starts to stall... so if the green glowing are not moving uppish - and are more horisontal this could also mean that where it glows is the support which if broken beraks the current trend.
Red marks a sign of the downside - again if horisontal it marks a key resistance that if broken likely changes the narrative. Red glowing while moving down is a bear market - but pay attention on the large green arrows up as they are the bottom signals which are worth evaluating as r:r is substantial.
Other icons also play a role and help add to the whole picture:
Small green arrows up - appear when its buy the dip time - the trend is strong and this is where you can add to the position as long as it appears above the support lines.
Large red arrow down - these appear when blue glowing candle becomes even moer extreme and could potentially signal a top - but be careful if emaflow bands highly bullish its more of a take profit move stoploss reminder instead of selling or opening short.
Red arrow down can also signal that a dip is coming.. check historically how it is and how things are postiioned best.
Transparent arrows red and green - signal bullish and bearish divergence - they only appear as divergence is confimed so the next candle but while it may look late many times its just a sign what will come in the next few candles - top blue glowing pattern after a red transparent arrow down could be stronger sign of a potential retest - also if strong trend - you can count 2-4 of these in combo before you utake action you can also take these as reminder to move sl and so on.
There are few more combos that are useful here but lets leave it secret for now - if you'd like to get your trading upgraded with the slickest combo of uniquely created indicators called EMAflow - please check the link in signature .
Best regards!
$BTC & Crypto Market Analysis UPDATEDHello TradingView, today I'll be updating my previous analysis on BINANCE:BTCUSDT , the good news is we could be approaching our first buy zone.
Inside my previous analysis, we predicted BTC to hit $18,000 if $29,000 was lost. Now It's important to consider what potential outcomes can come as we sit at $18,000. H1 (orange support on chart) was set in 2019 and hasn't been touched. We are approaching the same level which could potentially act as a strong support zone, which if held will most likely lead to a run toward $33,000, if it doesn't hold I believe we will sell off to $13,970 with a potential retest of $18k range to confirm downtrend (back to $13,970, $12k then $6.6k if levels are lost).
Overall, I do have buy zones in mind and plan to act on them. It's likely that retail & institutional traders will start reacting to these buy zones, ultimately leading to our next cycle going into 2024.
This is my personal analysis and is for educational purposes only. Please do your own research and be responsible.
DCJ
Bitcoin Investor Tool - BTC likely to trade higher soonLooking at the Bitcoin Investor Tool chart which depicts Bitcoins price within the 2 year daily moving average and the same average multiplied by 5 we can see that Bitcoin is trading at the lower band of this channel.
While may trend a bit lower or even break it appears more likely that soon Bitcoin shall rise again and trend towards the upper band to ultimately create a new ATH above the upper band.
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Possible Crypto Market IdeaWe are nearing the May ATH market top. Likely a lot of resistance here. Once breached, and if the market stays on course with no black swan events or other intentional manipulation, it’s likely blue skies.
‘Possible’ scenario for the end of this bull run IF (BIG “IF”) the fractals repeat from 2017/2018. Some are calling for a top the end of this month. Others are calling for it in 2-3 months. Other analysts think this cycle will break from prior tradition/cycles and run an entirely different course. This idea is if the market were to run from now through the first of 2022, like the last cycle. From a macro perspective, the market is in an obvious different scenario compared to prior cycles. Will it play out differently this time? That’s the million $$ question.
No one knows where the market will top. This is just one of my ideas. The total market cap might fall far shorter than this projection. We appear to be entering the latter stages of this cycle, which traditionally have been the most euphoric with breathtaking and gravity-defying, parabolic increases in prices.
I’m anticipating extreme volatility swings in the coming days/weeks/months. Might want to buckle up, just in case. It could get a little bumpy. :)
ETHBTC Forecast based on Cycle HistoryI charted this on 20 May and had not looked at it since.
What I wanted to know was should I be holding more BTC, or more ETH? What will grow more according to the charts regardless of my opinion of their fundamentals or adoption ?
If the charts are a representation of the psychology of the masses, then psychology tells us : the best prediction for future behavior is past behavior.
Thus, I'm a big believer price action rhyming with previous BTC halving cycles.
You've probably heard chartists say "history rhymes but never repeats"
While I am aware that ETH was just getting started in the markets peak in 2017/2018... and it will likely far outperform BTC, I have charted a conservative forecast mimicking the previous cycle.
I've pointed out the previous ATH of BTC and ETH as well as where I think we can expect them in the months to come.
The past 2 seem to have been on track in a general sense.
Let me know your thoughts
Weird BITCOIN technical analysis/cyclesHistorical highs and lows are taken with their percentage gain and with that data I've found reoccurring patterns. With that, I've drawn a chart where bitcoin might get to, if this analysis is correct, bitcoin will break out to $80k and then come back down to a much lower level. This is partly fun, well mostly fun, I'm not too sure if this is coincidence based, or if there is actually something here.
Bitcoin: Now and ThenI'm not a crypto hater by any means, and I hope this thing remains bullish all year and hits $100K.
However, hopes and dreams are not as important as what the chart reveals. Nothing is more important than the chart. This chart is telling me to pay attention to the current Bitcoin correction.