Brodie

Brodie

Current Price range is showing characteristics of Wyckoff Accumulation (see link below for more information). Wyckoff Accumulation: school.stockcharts.com The question is, are we forming our cycle bottom accumulation trading range or building a price fractal prepping for one more push down to our blue line key levels below? Currently tracking this formation for...

Brodie

Current Price range is showing characteristics of Wyckoff Accumulation (see link below for more information). Wyckoff Accumulation: school.stockcharts.com The question is, are we forming our cycle bottom accumulation trading range or building a price fractal prepping for one more push down to our blue line key levels below? Currently tracking this formation for...

Brodie

Current Price range is showing characteristics of Wyckoff Accumulation (see link below for more information). Wyckoff Accumulation: school.stockcharts.com The question is, are we forming our cycle bottom accumulation trading range or building a price fractal prepping for one more push down to our blue line key levels below? Currently tracking this formation for...

Brodie Updated 

This post is intended to show the current gap between the market for the 2 year US treasury yield on bonds and the official funds rate, and why the market is forcing central banks hands into raising interest rates when the market is in such a fragile state in ability to support and maintain debt at heighten interest rate levels. Simply put, bond market are...

Brodie

Just a quick update, first daily flash of the CBI was captured in the last few hours (noting we need to close the daily to lock it in). As discussed previously, indicator was fitted based on the past two cycle bottoms with a 3 day tolerance.

Brodie

For those still following at home, a final update before we get our enviable cross on our custom coded Cycle Bottom Indicator first live test. As per previous posts, indicator has been fitted using the past two prior cycle bottoms with a 3 day tolerance.

Brodie Updated 

A quick update on the Cycle Bottom Indicator (CBI). Currently forecasting for a MA cross on the 11th July 2022 (see dash red and green projected lines and vertical golden line). Would fit in nicely with a final capitulation around that time with current price action. #NOT FINANCIAL ADVICE - CHARTS ARE FOR HISTORIC RECORD & EDUCATIONAL PURPOSES ONLY

Brodie

This is a short post intended to look at the comparisons between the current price action with the DEC 2018 cycle bottom; and what current price action may look like if we continue similar to 2018.

Brodie Updated 

Post is to capture a custom built indicator I have created based on prior cycle bottoms I have called the Cycle Bottom Indicator or CBT. Are we potentially approaching our first live test (occurs when the Green line crosses under the Red line)? Follow this post to see how it performs....

Brodie

The Hash Ribbons is not an original indicator of mine, but one I coded based on many you can find on the trading view platform and developed by the community. The 'Hash ribbons' indictor looks at the 30-day and 60-day moving average of the Bitcoin hash rate, which is used to show / approximate when sufficient miner capitulation has occurred (shown as a blue buy...

Brodie

Quick update on the CBI. So far this indicator has helped us to navigate the current cycle bottom pretty well. For the current forecast to work out, the scenario I could see playing out is as follows: * Bulls push price up to the daily order block to put in a decent Monthly Close. This would also keep the adjusted long growth curve model intact (shown as the...

Brodie

Hi All, I thought I would do a quick post this Sunday night I have been meaning to do for the last week or so to cover the bearish scenarios and max possible bearish scenarios I think may be possible for BTC current thinking is proven incorrect. My current thought process for a potential new cycle bottom for BTC follows my reasoning in the below charts. Will be...

Brodie

This chart has been developed for use in supplement posts. CME chart reflects the futures treading for BTC derivatives (see link before for more information). www.cmegroup.com CME Futures allowed a lot of investors money to now short the asset. CME Futures like other 'traditional' assets close their markets over the weekend and operate Monday to Friday (Shown...

Brodie Updated 

This post looks at the following items to assess BTC possible upcoming cycle accumulation ranges, next cycle bottom and historic lowest price possible: * Cycle Bottom Indicator & CBI Extensions * Log Chart key support and resistance levels * 200W SMA (Simple Moving Average) Historic Cycle Bottom Support * Historic Cycle Accumulation Zone * 300W SMA...

Brodie

Quick update on the Cycle Bottom Indicator (CBI) tracking + Log Chart post central bank federal funds rate announcement with a 75 basis point increase. See link for announcement: www.wsj.com This was not too much of a surprise, given: 1) inflation numbers after a 2) massive increase in M1 currency supply post COVID (in all tear 1 currencies) and 3) the...

Brodie

Measured Move to the 300W SMA..... Will be interesting upcoming FOMC meeting.....

Brodie Updated 

Failing the $USD 40K region, log chart suggesting support in the $USD 35K levels...

Brodie Updated 

Supporting Chart to be considered with respect to the below posts Cycle Bottom Indicator - First Live Test Approaching? Bitcoin Cycle Accumulation Zones -150W & 200W SMA