Shiver in Ecstasy at the beauty of FibonacciIt speaks for itself, really.
Halvings, tops, bottoms, etc. can all roughly be located here, within reasonably accurate levels for price & time.
Forecasting:
>> 5.618 (time) - 4/20/2025
also shows next potential bottom fib-levels based on historic durations of bear markets...
Price level I have less certainty for....
>>>4.236 (price) - $245k
this level also coincides with breakout targets for the inverse H&S pattern formed during the 2022/2023 bear market.
Economic Cycles
Trade Recap: AUDUSD - LONG, 20/11/2024AU Bias Analysis: With a clear bearish leg on the 1D as a result of a bullish dollar, Price has now established a Counter Trend towards 1D EPD. The long entry is in line with the current bullish 1H range and price retraced to the 50% fib retracement level on the initial entry and the 79% fib retracement level on the second entry which is floating at BE.
Grade: High Risk
What I did well or could've done better:
- I was not confident in he initial entry due to multiple factors indicating that price would retrace deeper into 1H discount but I followed the plan and executed regardless of what I thought would happen.
BTC/USD is approaching FIB-EXT highest level 1.618 (95,603)As per the price action the whole crypto market is bullish on bigger time frame
1st probablity
Currently I am expecting BITCOIN will reach its all time High $95,603 on the basis of Fibonacci extension 1.618 tracing from previous impulsive movement in Feb to march Bullish cycle,on the weekly time frame chart bitcoin can take a small retracement towards Imbalance in premium zone ($74,000 to 80,000) If the bulls whales dominate the market, then we can another impulsive bullish cycle toward $120,000
2nd Probability
Price reject from the 1.618 ($95,603) region and took the liquidity of the FVG and Value area high and tap in to the OB in Discount region this will be high gain and long cycle towards $150,000 because retailers and big whales will take a part .
SOFI expect short term rally to continue as 9 swingsSOFI favoring upside within the sequence started from August-2024 low and expect small upside to finish the (3) started from 10-September-2024 low before it should pullback in (4). The next pullback in (4) can provide buying opportunity for final push higher before it should correct big against August-2024 low.
FWOG Buying Zone! Major Listings Coming Soon!but its just a fwog
Im giving you a new range of entry.
Currently:
Price: $0.52
MarketCap: 519.0 Million
Holders: 44.7K
1.
I had previously drawn my analysis of fwog with Green rectangle areas are movements of expansion with the RSI peaking above the 70 level as price goes up and brings in more demand.
As buy orders gets exhausted the RSI goes down following the Yellow Arrow.
2.
Point of this post is analyzing a entry zone! Look at the Orange section that is the Demand zone. This is the first full range for FWOG this is the best entry you have in the last few months.
Buy in now before it really takes off, major listings coming, community is growing, normies coming in.
Check the Fib levels: Anything under the 0.5 level is a great buy position.
Buy as close to this section as possible.
Best Entry is Orange Zone: under $0.50
Entry: $0.45 - $0.56
Target: $0.90 -$1.20
Expected Target, this is a High Conviction Meme Coin. First range, prior to that it was doing higher highs and higher lows. So lets see how high we can go!
FWOG has a tendency to have a short range before it takes off again. Days where Solana was red FWOG was up. So if you are expecting a SOL correlation to this coin I would just go ahead and buy.
I have been DCAing in this Zone. I've been in since $0.15 - $0.22 zone.
Follow the X account. Art work is insane. check holder scan we currently at 44K holders. We can easily get to 60K in a week or two.
USDJPY possible reversal to top of channel.
The USDJPY is currently at the bottom of this long-term channel, we may see a reversal back to the top of the channel to make new highs. To support this reversal prediction we can see a lower low double bottom forming as well as good support for the bottom of the trendline.
BTC Top for this cycleI recognized a sort of "pattern" for the ROI of BTC, taking the Halving as a starting point and the cycle top as the end. The ROI seems to be reduced by a factor of 0.22-0.27. For this reason I took the ROI of last cycle, starting from the Halving, and reduced it down to 25%. When I apply it to this cycle, it comes out that the top should be at around 169k.
To be honest, I will sell earlier than that just to reinvest the earnings into something else (Alts if it is Alt Season). Nonetheless, I believe the top is realistic given the circumstances with new institutions coming in and the adoption of BTC and other Cryptocurrencies for institutional portfolios.
$COIN Upside ForecastMy base case is NASDAQ:COIN moving to $350-$430 USD during this bull run. If CRYPTOCAP:BTC makes a run past $115-125K, it's possible we see this larger Inverse Head-and-Shoulders pattern play out.
This move takes NASDAQ:COIN upside to approx. $550 USD by mid-2025 to mid-2026.
(then look out below! :)
Greater Fool vs Black SwanOn average, Bitcoin price action time cycles are synchronized in 16 month time frames. Bitcoin halving time cycles are every 4 years. The last 3 halving cycle highs occurred 12 - 16 months afterwards.
The greater fool theory is a speculative investing strategy that suggests that investors can profit by buying overvalued assets and selling them to someone else at an even higher price. When the market bubble eventually bursts, investors who bought assets based on the greater fool theory can lose a lot of money.
Black swan events can have catastrophic consequences, such as affecting the entire global economy. A black swan event is difficult to predict under normal circumstances but in hindsight appears to have been inevitable. One sign of an impending Black swan event is market participants engaging in over leveraged debt margin trading.
What does this all mean? My speculation is that you want to sell Bitcoin now before Black Friday, November 29th 2024 and then buy back before Christmas, December 25th and hold until July 2025 peak. The risk of buying crypto without taking a portion of profits during these high to low cycles is being someone else's exit liquidity and not having the dry powder to buy lower when it drops.
Bitcoin Cycles ChartThis chart highlights the remarkable consistency in Bitcoin's historical cycles, showcasing how price movements align across different cycles in terms of duration (days) and percentage changes. By visualizing these repeating patterns, you can gain valuable insights into Bitcoin's cyclical behavior and potential future trends.
Comparative Analysis of Bitcoin Cycles and XAU"Comparative Analysis of Bitcoin Cycles and XAU 🚀💎
In this analysis, we explore the relationship between the slopes of lines connecting the lows and highs of Bitcoin cycles and gold. A linear correlation emerges, allowing us to estimate the potential peak of Bitcoin’s fourth cycle. Could this relationship hold true in the future? What’s your take on this pattern?
📉 Watch the full video for detailed insights, and share your thoughts in the comments!"
Alt-season? Bitcoin BTC Dominance past cycles behavior analysis The best way to spot an altseason is looking at the Bitcoin BTC Dominance graph.
On this analysis, of the behavior of the Bitcoin BTC Dominance, I spotted in the graph , what happened on the last two cycles, 2017 and 2021, looking back to the 2013 BTC price top.
In the analysis I spotted three types of events:
All Time High (ATH)
Cycle Bottom
Attempts to break the past cycle's ATH
This brought me some interesting "coincidences" that leads to some insightful predictions.
My conclusion, so far, is that an All Time High breakout is a very important moment to the possible alt season beginning. One thing that should be considered is that the current cycle has some different characteristics as, probably in detail, all of them have. This means that maybe it could take some more time to the alt season start, as it did for the ATH be finally broken.
One thing I did'n mention in the video is that the BTC dominance has broken a theoretical downtrend line. That said, considering the end of the year calendar change that is a mentally important moment, I wouldn't be surprised if the altseason waits till January to pick up.
To be continued...