GigaJak

GigaJak

I'm longterm bullish on BTC for generational wealth. I think it will keep going up, but not every year, we're approaching what should be the top this cycle or may have already hit it at 123k. I think the drawdown will come faster than previous cycles due to the nature of the cycle and preparedness of whales, institutions, and retail for it. Based on the 3 previous...

GigaJak

Last cycle top and this cycle look identical from this angle. Its going to be hard to push through this top and make a new ATH in my opinion. the more the cycle looks the same, the more fear, and more dump. Self fullfilling prophecy here.

GigaJak Updated 

BTC selloff after Powell's comments Wednesday took us down to the 50 day MA. A correction I've been anticipating. This occurred multiple times on the way up last cycle. The selloff produced a descending broadening wedge on the way down. This often leads to a reversal and that's what I'm predicting and starting to see unfold. My target is 102.3 but i'll be...

GigaJak

I wish I had picked up on this earlier but it looks like she's way ahead of schedule and fixing to dump all the way to 70-75k or so. The similarities between this cycle and last cycles PA cannot be ignored. Even though we are months ahead of a top (based historically) and moving through it faster, I attribute this to bulls just trying to get in early and "beat...

GigaJak Updated 

I thought the downtrend would end sooner, but atleast sentiment does seem to be picking up and we are getting higher lows. We had a 4 Hr 50/200 MA cross that sent us down a ways, plus some market manipulation creating an LL pattern. However, I think as we cross into the new year we will see a major reversal and what I'm calling Trump Pump 2.0.

GigaJak Updated 

It's like taking candy from a baby folks. This is classic elliot 5th wave coming and its trending to the highside of 1.68. LFG. Aave is one of the few coins with real utility. I use it, and love it, have you tried leveraging?DefiSaver is a better interface that links up with major crypto currency leveraging platforms like AAVE also suggest trying them out. ...

GigaJak

Taking a step back and looking at BTC's chart and it's the most beautiful chart I've ever seen. First of all the biggest cup and handle in history. It's right there. Trading view's own indicator puts a target all the way up to 125k. That's a big deal! One that will provide the gasoline to get this fire started. Obviously, it's just an indicator but I think...

GigaJak Updated 

Using Fibonacci and lower support lines I'm seeing something like this playing out. Ethereum bounces around above the lower support until November and then picks back to 3360-3600 after Trump's elected. From there I think we move sideways some more, but shortly after reach a new ATH around 5150. Basing some of this on ETH's underperformance compared to BTC, yet...