COPY—Since 8/22/24–“BITCOIN MEASUREMENT HIGHLIGHTS!” ($79k)A correction is near! View my red circle and the pattern—$79k but can be sooner! Today is 11/6/24 4:08 Pm pacific time and you have been warned since 11/5/24. This only applies to short term investors.
Since Bitcoin has reached an all-time high (ATH), it currently lacks a clear price structure or established resistance levels, making it harder to predict. Right now, it’s going through phases of “contraction” – periods of small, limited price movement. These contractions can be deceptive, often set up to lure in retail investors by creating the illusion of stability or a predictable trend. Once enough investors are drawn in, a larger move (either up or down) may follow, catching those investors off guard.
Bitcoin is approaching a potential contraction bleed; while the exact timing is uncertain, the DARK POOL signals are showing clear signs.
“Bitcoin operates on a halving cycle, a pattern where the reward for mining new blocks is cut in half roughly every four years. This halving reduces the rate at which new Bitcoin is introduced, making it scarcer over time. Historically, each halving has triggered significant price increases within the following months, as reduced supply meets steady or rising demand.”
Right now, Bitcoin seems to be following this pattern again. Many expect that as we approach the next halving, we could see increased price activity as scarcity rises. However, while the pattern has held in the past, it’s important to remember that markets can be unpredictable.”
Contraction Debugger— A contraction debugger helps spot patterns in market behavior that indicate periods of “quiet” or lower activity. It’s useful for getting a sense of potential changes in momentum without revealing too much about what those changes might mean. By tracking these quieter periods, the tool provides insights into times when the market may be preparing for its next phase.
My contraction direction points upward
Keep revisiting this idea for the latest updates, as I’m unable to send automatic email alerts to followers.