Quarterlytheory
IS BITCOIN GOING ALL THE WAY DOWN?
January 2025
-17th December 2024 ATH sweeping 20th January 2025 ATH may cause a 20% pullback at $88,700.
February 2025
-3rd February 2025 price following tested Balance Price Range (BPR) due to a Bearish Change in State of Delivery (CISD) form on 2nd February 2025.
-25th February 2025 price breaking thru the dropping target of January (20% drop from ATH) which leaving a Sellside Imbalance Buyside Inefficiency (SIBI) on 23rd until 26th February 2025.
March 2025
-During 2nd until 7th March price tested and rejecting SIBI (23rd until 26th February 2025)
The main target of this dropping is about to
🩸$58,600 which around 47% drop from ATH
🩸$48,400 which around 56% drop from ATH
🩸$38.200 which around 66% drop from ATH
🩸$7,600 which around 93% drop from ATH
ARMSTRONG
MLK, MY
Disclaimer:
NO FINANCIAL ADVICE: Trading involves a signifcant risk of loss and is not suitable for all investor; in particular, past develpoments do not necessarily indicate future results.
Something bad will happen. Quarterly TheoryWhat I have done here is split up the first quarter of the year into 4 quarters. Think of a bullish daily candle, it opens, makes a low, expands to make a high, and then reverses after making a high. This happens in 4 different steps. Everything I look at in these times consists of breaking things up in 4 quarters.
Inside this 3rd quarter of the fist quarter of the year, I split it into 4 more cycles. The blue zone is the best time to trade, that's when price should expand to make a high/low. I am identifying the previous green cycle traded to make a high so now I will be framing shorts from here until most of march.