Bitcoin Keltner Channels 📈BTC Keltner Channels
🔝Bitcoin broke out of the baseline resistance, under which it consolidated for a long period.
✍️While I don't expect a return below this gray line until the peak of the cycle, remember that it is almost 2 years away and we will have more than one correction before then.
💡I expect especially volatility in the next six months when there are quite a lot of events related to BTC.
BLX trade ideas
Golden cross signal on TF week.When a death or golden cross occurs, if the angle at which they intersect is steep, the price tends to either drop or surge by 70-80%.
Looking at the previous occurrence of a death cross, before it happened, the price had already dropped by 50%.
However, the upcoming golden cross at the 50/200 lines doesn't have a steep angle like the death cross earlier in the year. This leads me to believe that the price can still move.
Cipher SMC is a trading strategy that involves understanding market structure, supply and demand concepts, and liquidity concepts. It is a mechanical strategy that helps traders identify potential trends and reversals by providing insights into the buying and selling pressure in the forex, stock and crypto market. The strategy allows traders to locate imbalances in the market and provides more information about the market when it opens and when it closes. It is recommended to have a solid foundation with regards to market structure before using this tool. Use these concepts alongside other concepts such as Order Flow, Structure, Liquidity etc to build your overall story! As always, keep it Simple and Systematic and you will be just fine ;)
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Bitcoin (BTC) Top and Bottom indicators [Logue]This is a view of the BBI, BTI, and BTB indicators on the daily BLX chart showing their ability to detect macro cycle tops and bottoms. These indicators are a combination of on-chain and seasonality indicators. The tops and bottoms are selected based on a confluence of multiple indicators.
Next Halving bull marketEh, just drawing lines on a chart lmao. I somehow have to write a long description so here I go :
Crabbing until halving
Bull to 90-95k
Dump surprisedpikachu.jpg
Crabbing, accumulation
Expansion
Going less higher because of market cap already high.
In the beginning of the bull (like 50-60k) we'll hear institutions coming (they want to be early this time), adoption is cool etc. But then small 'dump' because traders will think sell the news.
lol, amateurs
Going higher. Stopping maybe at 90-95k because every headline will be 'bitcoin going to 100k ? " lol
Or we touch it and instadump like picotop at 102k
Dump of course, not harsh but slow bleed
then suddenly back at 42k like wtf happened
BLX Year by YearYear by Year Bitcoin (BLX) logarithmic chart, ready for a Massive Explode in 2024.
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BTC Top 73k to 82k July to December 2024I previously used momentum studies on BTC to find its top. My last guess was around 80k.
I also believe BTC is following Palladium. Using that fractal the top is around 80k.
(Credit to Jay Chewie he gave me that tip in 2021).
If you draw a ray line between BTC's macro 1 wave to the Rona crash of 2020 you come to the understanding that both macro wave 1 and macro wave 5 are on the underside and macro wave 3 is on the top side.
A top to bottom fib extension on the linear scale from the 2018 top to the 2019 bottom suggests the 4.2 fib extension is 73k and the next fib up is 82k.
I don't make calls lightly but I believe BTC's next wave up will be its last.
Please take your profits. Buy metals which you can store at home.
Thank you to everyone who followed me all the way from 2019.
I hope you all survive the next mega recession.
- Occultist/Panda
Bitcoin/SPX: In search of The Mid-cycle PeakHistorically, the mid-cycle peak in CRYPTOCAP:BTC coincides with the RSI approaching the overbought zone.
Although at the beginning of the year, we rose quite high in the #RSI indicator, there was no overbought.
Also, on the trend line rsi, it is quite clear how the bearish trend changes to the bullish one, on the range of the cycle 📈📉
Key levels have been added to the price chart for comparison in the 2016 cycle.
Bitcoin/#SPX: In search of The ATH 🔎#Bitcoin/#SPX: In search of The ATH 🔎
In the last post, I predicted when the mid-cycle peak would be, as you can see from the comment post quite accurately✍️
Now about taking the marks of the past peak (69k).
This happens about 2 years after the bottom. When RSI, after taking a mid-cycle peak, again enters the zone of overbought values in CRYPTOCAP:BTC ↗️
Also, on the trend line rsi, it is quite clear how the bearish trend changes to the bullish one, on the range of the cycle 📈📉
Key levels have been added to the price chart for comparison in the 2016 cycle.
BTC longterm prediction bullcycle 24/25I made an analysis for BTC and the longterm perspective.
An interesting observation is, that the middle of the bullcycles nearly exactly match the halving dates. So assuming it will be the same in the future, the next Top of the bullcycle will be around 09/22/2025. Furthermore i calculated a cubic regression formula with some data points of the tops so far, when i take this into account, then the next top will be at around 140.477$.
Sure, this is just a model, no one can predict anything, so take it with a grain of salt, but to me it looks like one good possibility.
cheers
The great similarity of 2019 with 2023 for BTC!!!If you put the Fib retracement from the peak of the bull market in 2017 with the minimum in 2019, it will result that the June 2019 maximum of Bitcoin is at the Fibonacci level 0.618, namely the price of $13800. If we do the same exercise by drawing fibonacci from maxium bullmarket 2021 to minimum 2022 we see that the fibonacci level 0.618 is at $48,400 which also coincides with the strong resistance from March 2022. So we have 2 arguments to say that in this rally BTC will run until around the value of $48,000.
Why are you sitting on your hands?There are numerous indicators screaming buy for the last 4 months. we are in the best buy zone of our time RIGHT NOW!!. The evidence is over whelming that the bottom is in!!! Why are you waiting? Why are you listening to the news? is it different this time? Not really.
In previous history by the time the lower BLUE band flashed the CM ADX the bear market was ending . so lowered prices preceded the blue. This time was different... what?? yes it was. the BLUE flashed and then the price followed, however the stochastics are CM MACD is about to cross up and this is a bullish indicator. One other trend is this blue buy zone is getting smaller every time it happens.
The bear market looks like it will be ending by March/April of 2023.
Thanks for looking
comments and questions down below.
Protesting Your Acquiescence!Stop denying the facts!
Your acquiescence is just fear, conquer it and you will see and think clearly!
The bottom is in, everything you need is right in front of you!
Come, March with me into April and beyond. REMEMBER, WE ARE SATOSHI!!
If you need help comment below.
*Look first, then jump. Tradingview.com*
The Grand Inquisitor & Kenobi #2This chart is to be looked at like an inquisition.
You are the Grand inquisitor and Kenobi is Bitcoin . You simply track him to gauge possible future movements. Prices points and time lines are all hypothetical, but are based off past movements. This charts purpose is to get a greater perspective on where we are and where we might be going, seeing the big picture . So, will Kenobi be predictable or does he have some tricks up his sleeve.
In the chart we can clearly see diminishing returns and also there are signs of possibly lengthened cycles, however I'm not fully convinced of that just yet.
I hope so far you can follow up to this point. If you are having trouble understanding please ask in the comments.
Thank you for looking
WeAreSat0shi
The Grand Inquisitor & Kenobi!I do believe that the trend line we are currently on, eventually will break, but when? We are currently testing it with this drop in June of 2022. In my opinion if we break this trend line in the near future (RED) then we will obviously drop much lower possibly even breaking 10k. If not, I see either a retracement (BLUE) then dump and go lower. Or, hit new highs and the eventual break it in the ensuing bear market afterwards (YELLOW) that restarts the cycle over.
So the question of the Grand Inquisitor is... Where Is Kenobi on this timeline?
Be careful, Kenobi is clever.
Let me know what you think down below.
This chart is just for fun with long term outlook. It is not financial advice.
The strongest evidence that bulls are gaining momentumSo here we have The CM ultimate Moving average MFA on the 2 week time frame with the PI Cycle Bottom. On the bottom we have the Stochastic RSI. Combining these three indicators is showing a very powerful case for the bottom being in and that we will in the next few weeks flip bullish. The interactions of these indicators go back all the way to 2011.
The PI cycle bottom is has been modified to only on show the short MA and the color has been changed to orange while the long MA has been deleted to keep the chart clean as it's not useful in this chart.
As we can see here for the entire bitcoin history, when ever the PI SHORT MA has crossed into the ULTIMATE MA it sparked the beginning of the downfall and the ULTIMATE MA only weeks later turned red and prices would start to plummet. The bear market on every occasion has ended when the PI SHORT MA crosses back up through the ULTIMATE MA and shortly after would confirm the bull market by turning Green again. We also have the stochastic backing all this movement by showing the rise in momentum.
This indicator is so good it even caught the COVID crash of 2020 and warned that trouble was brewing weeks in advance.
So... where are we now on the timeline? It's showing that not only is the bottom in most likely but the the bull market could be only weeks away as the stochastics have made a cross up and momentum is building. also the PI SHORT has stopped it's downward momentum and is preparing for it's eventual cross up of the ULTIMATE MA.
The only question left is, where do you stand? Have you bought the dip or are you waiting for lower prices?
My evaluation from this analysis is that we are at least half way through the bear the market.
Please feel free to ask questions or add any comments below
Thanks for your looking and please hit the like.
*Chart analysis is risk management... There is always risk, hence the reward*
BTC at Critical Fib Point - Correction w/ Bullish OpportunitiesFibonacci Retracement Levels: We constructed Bitcoin trace out 0.5 Fibonacci zone from the peak to bottom and from bottom to peak of each cycle. Currently, BTC hovers around the mid-range of these levels, a zone that historically acts as a pivotal point for price action each time.
Market Positioning: While short-term analysis may suggest an incoming correction from a whole year run, this midpoint should become a solid ground for long-term position building. In my opinion, this is a good chance to form good long positions without an attempt to catch a market bottom. Here, we are waiting for a bullish trend approval, confirmation of a trend. For some people this kind of strategy may be better rather than trying to catch a pivot point.
Oscillator Indicator: My preferred oscillator has just flashed a reversal signal. Although this is promising, I am on the lookout for further confirmation to capitalize on what may be more favorable conditions on the horizon, lower timeframes may suggest a better picture.
Additionally, I should mention a similarity with 2016, both Fib zones and oscillator were showing similar behavior.
Retracements in %:
Regardless of your bias, trade cautiously...Honestly, I do not think the correction is over, I think we may see near Covid prices again... The lack of a "covid wick" on the monthly is the biggest giveaway to me.
I must admit, my macro has errors and therefore, can only trade my micro, however, at the end of this set we could really dump. I know Bulls are calling for buys at 28k, but honestly, with the uncertainty I can see in the market (Triangles within corrections), who knows how deep that could go, and it will only be a Wave 1 going down... On retracement, everyone that missed the sell will offload for profits starting Wave 3...
This is an opinion, based on my TA. I may be wrong. I do not care if I am, I will protect my wealth regardless, you do you.
I am currently long, so short term BTC goes up.
However, on the daily, two of four criteria to indicate the top have been met.
Regardless of your bias, protect your positions at the end of this set.
I can honestly say I have no idea what will actually happen.
Safe Trading.