Fahrrr

Fahrrr Updated 

Here you can see the similarities between the last three halving cycles and compare them to the current fourth one. The blue zones represent when the price has broken the 0.382 fib after a bear market roughly one year before the halving. The price never broke the 0.786 fib before the halving, so I don’t expect the price to go above $50,000 until at least few...

Fahrrr Updated 

I think bitcoin will bottom out somewhere around 25k in Q3 or Q4 in 2022, and then range between the highs and lows for another 18 months. The next halving is expected to be around march of 2024, and the bull runs naturally happens a few months after that.

Fahrrr Updated 

This isn't exactly a new idea, but an updated visualisation of what I think the bitcoin price will do in the next three years. It's been over a year since the peak at $69,000 and we're at the bottom of the power law corridor. It's reasonable to think that the bottom is in, or that we are close to the bottom, but that doesn't mean we are going straight to the moon...

Fahrrr Updated 

It's time to look out for a lower high on the weekly chart. This recent rally might go as high as 50k +/- 10%, and that could be a good short opportunity. I think 2022 is gonna be a bearish year, and that the bottom is gonna be around 20k +/- 20% about a year from now, which could be an incredible buying opportunity for the next few years. If the weekly chart...

Fahrrr Updated 

I'm just publishing this to look at it a year from now.

Fahrrr Updated 

This is a fractal of ethereum copied over to the solana chart. Solana has acted almost exactly as ethereum did in the 2017 bull run. If this continues, we can expect a sharp drop to the $15 level before recovery. This could be a good long term opportunity, with a possible 50-100x return in a few years.

Fahrrr

In one of my previous ideas I said that bitcoin would bottom out in the low 20's: Given what the economy is looking like these days I think it's extremely likely that bitcoin goes to the low teens, and maybe even below 10,000 USD. I put on some bars patterns from past cycles to visualize it, and I have pointed out when the past halvings occured in relation...

Fahrrr

It's uncertain times and I don't believe the bottom is in quite yet. The all time high was in november, and previously the low was reached about one year later. I am confident that the price will be inside these bands and the lines I drew in the next 3 years. However, we probably will have another leg down, and my best guess is around the 2019 peak at 14500.

Fahrrr

In the two previous bear markets it took about one year from the all time high to reach the bottom. Bitcoin is due for a big bounce, and I think it will be rejected around the 200 day moving average. It will likely range and the volatility will probably decrease until capitulation in Q3 or Q4. The 200 week moving average is an obvious target, but it could also...

Fahrrr

This is the weekly chart with the 200 moving average and the monthly bollinger bands with length set to 18 and standard deviation set to 1.2. Now that the monthly chart has closed below the 20 moving average, a lot of people are expecting the price to go down to the 200 week moving average like it did in the previous bear markets. As the bollinger bands shows, the...

Fahrrr

Bitcoin's price is determined by the halving cycles. We are about half way to the next one, and bitcoin's price is usually in a down trend during this phase of the cycle. I expect the price to correct to the lower 20's before we see any meaningful up trend. I expect the strongest part of the next bull run to start a few months after the next halving, and reach a...

Fahrrr

It's a good risk/reward here, but if it doesn't hold, we might have a liquidation cascade.

Fahrrr

Price action has acted alot like it did before the run up last year. This fractal suggests the price of bitcoin to be $420,000 next summer.

Fahrrr

It's a great buying opportunity. We're going up, then sideways and down, then up again.

Fahrrr

Based on what bitcoin did in 2017, and how ethereum is acting in a very similar way, I think ETH could be worth around 20k in september this year.

Fahrrr

Q2 2017 (green) compared to Q4 2020 and Q3 2017 (yellow) compared to Q1 2021 from the opening price. Both times we finished on a higher price than what the fractals suggested. This next quarter might get very interesting if it does something similar to Q4 2017 (purple).

Fahrrr

These fractals is when bitcoin broke the all time highs on a weekly closing basis after the previous two halvings. If that trend continues we might see the price top out somewhere between 400,000 and 1,300,000. We might also see a longer consolidation first before we accelerate in the second half of this year.