mid-summer solstice.what i have displayed on my chart are solstices \ equinoxes.
i've went through btc's history, and i have found that the mid-summer solstice has historically marked some kind of bottom in the cryptocurrency markets.
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circled the last few times it took place.
here's some more:
to conclude, there has been 10 mid-summer solstices since 2011
of the 10, 8 marked a bottom.
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now this does not mean that btc cannot go lower, i'm simply stating that based on the historical data, the odds are high that we have, or are in the process of forming a major bottom.
Xbtusdt
btc 7-1 update what if,
it's just this simple?
we saw 5 waves up,
we saw 3 waves down.
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higher timeframe oscillators are close to being completely reset,
indicative of a bullish reversal on the horizon.
open interest has fallen quite drastically overnight, supporting the upward move.
fear is at 11,
bearish sentiment is at historical highs.
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i'm not playing any leverage until we see more confirmation, but i am in a fairly nice spot position as of me writing this.
upside targets are on the chart
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the bear case completely remains in tact, but so does this bull case.
bullish invalidation is at a break of the range lows
btc 6-30 update~good evening peoples o/
pretty decent reaction from last nights downside target,
but the reaction is simply not strong enough in my opinion.
it is most likely a trap.
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if the range high is broken, btc can expand to anywhere between 24~26k
failure to take out that high, and we will see 14.5k in the next two weeks.
btc 6-29 update ~good evening ladies and gentlemen,
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i'm gaining more confidence in the short term bull case for btc as more of the herd turns bearish.
looking for a local bottom in the low 19k range.
if 19k range holds as support, i will be looking for follow-through to the upside in 3 choppy waves to complete the local b-wave at around 24k.
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>a break below 19k could open a door to retest the lows
>if lows are lost -> 13\14k can be reached.
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if we do indeed get the bounce i'm looking for, i will interpret in one of two ways 👇
#1.
#2.
btc 6-28 update ~goodemorgen,
yesterdays trajectory, and the two i have displayed here are my top 3 projections.
which one is at play, nobody knows - so it is important to prepare for anything the market may throw our way.
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the white path implies an impulsive 5 waves down, this would make any bull sweat - knowing that 5 waves down is merely the beginning of something.
the red path is a simple zig-zag, which ends right in that pocket between 13~14k
weather than zig-zag is a wave W, or a completed one, we won't know until we see the reaction from down there.
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ps. new moon has entered the skies as of today, market should be approached with total caution, as historically this is a very bearish sign (though, in rare cases it doesn't have to be).
✌
btc 6-27 update.Good afternoon folks,
I've been doing a lot of thinking about the structure of this current market,
and i've come to somewhat of a conclusion.
I believe what we're currently experiencing is called a "Triple Three".
👇
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as of right now, we have a complete w-x-y;
and while this could potentially be the bottom of the entire correction,
i'm theorizing that we will head down to about 10k before this correction is completed.
the path we take to get down there though, will throw a lot of people off.
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i'm looking for a move up to about 30k in the next 2 months,
before we do indeed head down to 10k.
💰
btc 6-23 update ~good afternoon peoples,
i've been hanging out in cash these last few days just observing price action.
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i've taken a look back at the overall structure on btc as well as on the nasdaq, and i've come to a conclusion that the highest probability path i can come up with is the double zig-zag.
i do think we're going to see a pretty nice bounce in the week ahead to around 25k give or take
followed by the final push down to 14k.
14k could mark a bottom, or in a worst case scenario, btc could turn into a triple zig-zag.
will update it when i see it.
btc 6-21 update ~good afternoon,
btc looks kinda toppy from my perspective.
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confirmed 4h hidden bearish divergence
confirmed regular bearish divergence,
4 different sell signals popping off right here.
might hang around this upper area a bit longer \ potentially push higher to trap more bulls before the final capitulation evento.
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down below sits a fairly large liquidation of celcius.
if they do indeed get liquidated, we can see a deep wick raid the crypto abyss before tearing back up.
consider it a liquidity hunt, a way for mm to free up some coin from the hodlers.
once this final move down is completed, i do anticipate a very steady move up to around 40~50k in the months to come.
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have a blessed week,
and trade safe ✨
btc 6-17 update ~ good evening folks,
btc is hanging by a thin string right here.
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the moon bois who wanted 20k are in, but bitty isn't moving
lol
watch for a raid below to stop out the weak hands, followed by a serious short squeeze.
(the raid can go deep, deeper than 18k, but i'm betting on 18k to hold for reasons i shall not mention).
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conservative target on that squeeze at 35k which is a 95% gain.
few targets overhead:
41k
51k
59k
where it stops?
nobody knows;
but keep these levels in your mind
and enjoy the show.
💰
btc 6-19 update ~good morning humans 👋
i closed my long and i am back to cash. was not satisfied with the reaction which we got - very not what i was looking for.
will try at the next pivot, and all the pivots which follow until i witness "that reaction which i'm looking for".
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i got to thinking;
you know how everybody expected 40k to be the bottom,
then 30k
20k...
so each time, the levels did act as a bottom, but not "the bottom".
each time price broke below the floor price of peoples expectations it back-tested that whole area for liquidity before seeing capitulation.
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so is this time any different?
no.
if anything, this time it's even more pronounced, with a majority of the market being trapped near 20k.
i would expect significant selling pressure from people scattering to get out near break-even right around that 20k region (+1\2k)
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i'm looking for $14,500~$13,100 on this next wave down.
keep an eye out for a video later today, i share my new theory.
btc 6-15 update.man oh man.
happy strawberry super full moon 🥂
let's talk about all this stuff.
🍓
You see this volume!?
indicative of some serious buying pressure;
we're nearing a significant bottom.
🍓
Open interest is still fairly high. I need it to come down a bit more before I can confidently say we've found a bottom.
leveraged longs are opening positions into todays move up;
fomoers will get stopped, shaken out, or liquidated.
Some nice long liquidations over these last few days - helps the bull case.
🍓
Short interest is very high, a short squeeze is due - but the question is when?
I personally wouldn't try timing a short squeeze, rather just get into a high probability trade setup and let nature take its course.
🍓
i am looking for 18k, but there's a chance we don't get it.
if we do get it though, i'll be all over it.
🍓
still rolling with the og double zig-zag for now, but my bias is subject to change if the new data shows me something different.
🍓
ps. it's possible that a bottom is in. will be monitoring the waves over the next few days to get a more conclusive read.
"the og double combo"bitcorn has broken beneath a level many of us have been watching,
i low key saw this coming.
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in one of my videos recently i discussed the following:
if a majority of the people wanted 23k, we would either not reach it, or over shoot it.
so we're in the process of overshooting it.
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looks like we could come down a tad bit more,
one more hit to the lows after this bounce completes.
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i've changed my count up a bit to adapt to the changes i'm currently seeing over the last 24 hours.
what i have on my chart is called a double combo, aka - the og wxy.
btc 6-13 update pt.2in my last post, i shared two potential trajectories.
btc ended up breaking the trendline \ hit my 22.9k target-
but it came down in 3 waves, which makes me a bit suspicious.
it still technically could be an expanded flat, but that would be a really long B wave, so i don't like it.
much more probable for us to be working on the final fifth wave of wave C.
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watch for a bounce (w4), followed by a little capitulation to 19k (w5)
this zone will mark a bottom (theoretically).
(a wick could go below 19k, but so long as it gets bought back up, we will be in better shape.)
btc 6-13 update ~good evening o/
i'd like to keep this post very simple and straight to the point.
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my little expanded flat idea could still be at play,
but the trendline which we touched earlier this evening cannot be breached.
if it is breached, we will see capitulation down to 22.9k (potentially lower).
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if the little trendline is respected,
-we can see a short squeeze back up to 34k before seeing the final decline to around 20k by finishing the og diagonal.
-most people are either short, bag holding, or expecting 20k,
-so this little move up would really shake things up in the market for the majority.
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trade safe, and have an awesome week 😎
Bitcoin Analyze (Double Zigzag Correction)!!!🧐Hi, everyone; Bitcoin is making Double Zigzag Correction while it is near the end of the last wave, which means microwave Y.
The end of the Main wave 4 can happen at my TRZ(Time Reversal Zone) & The end of Main wave 4 ( Zone ). I show these zones in my Chart.
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
Where is the end of microwave Y ❗️❓
🎯 Target 🎯: 32400$ until 31730$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
the last stand.this is the last stand for the bulls.
the total crypto market cap is approaching one of the biggest levels we've seen in months,
the moment it taps this level, a major reaction to the upside is expected.
if there is no reaction, then this will be really bad news in the land of crypto, and we will see the ship sink deep.
how deep?
deeper .
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if we raid the lows for liquidity, it would stop out just about everyone who got into the market down here in this range.
we then could then go ahead and stop out all the shorts, before a real capitulation event comes through.
i'm hedged both ways, and i'm ready for either outcome, but i will say this - i am very bullish in the weeks ahead. i think we see a significant short squeeze.
Bitcoin Analyze (Short Term, Expanding Flat)!!!✅Bitcoin is running in Expanding Flat correction these hours, and I expect it Will grow up at least to the upper line of Descending Channel.
Bitcoin was able to move as I expected in my last post about Bitcoin analysis.👇
Bitcoin Analyze ( BTCUSDT ) Timeframe 15min⏰
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
btc 6-6 update.good evening humans,
a lot of fear in the markets right now, more than i've seen in a very long time.
i'm kinda grateful for all those of you who are terrified, because it is thanks to You that this next move will be made possible.
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a shirt squeeze.
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we're 15 days into a daily squeeze on bitcoin, one of the longest ones i've seen in awhile.
once bitcoin exits out of this squeeze, a significant move will take place as i have talked about in my recent posts.
it can certainly be to the downside, and i'm well hedged for it.
my short hedge is currently up close to 600%
and i've started building a long position just in case the short term bull case turns into a reality.
i'm going to be eyeing the area between 35~38k for this move up.
ps. this is in no shape or form financial advice, i whole-heartedly do believe btc can drop to 20k in the weeks ahead, but there's a slim possibility that we see 1 more pop before it does.
don't follow my footsteps, follow your own, make your own plan, and do what you feel is best.
your lips, my lips, apocalypse.bitcoin has fallen out of the weekly bullish pitchfork.
back-testing it for the second week in a row.
stonk market put in a double hanging man doji on the 3 day timeframe.
daily sell signals across the board.
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cash is king ladies and gentlemen,
and expect the unexpected.
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target on that breakdown at 22.9k
🎶