I 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...
BTC fake Bitcoin momentum study - Going down to $1200 wave A.
This momentum study shows us that BTC Bitcoin may only have 160 to 195% gains left to give the market. 70 to 80k
If we compare the Palladium Fractal to BTC there is a very strong match. This is my 2nd version with the actual fractals. I believe however BTC is 1 short move from a bottom and then the whales are going to slam on the exit pump hype to get an early exit. You can back check this to charts such as Netflix during its double peak before the explosive rally. The...
If we compare the Palladium Fractal to BTC there is a very strong match. I believe however BTC is 1 short move from a bottom and then the whales are going to slam on the exit pump hype to get an early exit. You can back check this to charts such as Netflix during its double peak before the explosive rally. The crypto Tierion ( TNT ) on Coinpaprika shows some...
So in my earlier ideas I hinted that Bitcoin was likely copying XINFIN and BTC previous fractals. Turned out to be correct and here we are at a double top with moonboys screaming for 300k. Yet as earlier forecasted on twitter, months ago in fact, that the stock market was going to go down around the 23rd of November. All this from looking at previous patterns in...
Bitcoin has always returned between 18 to 20% of the gain of the previous cycle in its current cycle. If this ROI pattern holds Bitcoin will not exceed $78000. There are many areas of confluence. 1. 10k wallets have been dumping since 2018. You can view this for yourself on coinmetrics and select Addresses > Balance > Addr Cnt of Bal >= 10k (native units). They...
Take a look at the price action of Bitcoin from Febuary 2019 to Febuary 2020 and then compare it to Augusy 2020 to October 2021. I have done most of the hard work so you don't have too. I think Bitcoin is about to correct hard.