Jasonborntodie

Jasonborntodie

Simple fractal from last year summer doldrums on the the BTC chart. Once we corrected to the 200 SMA (current spot) , a 2 month bottom consolidation followed and after 2 months, BTC reached all time high. That is my thesis going forward and it bodes well with the US new administration typical down turn within the first 100 days of taking office. Fed still...

Jasonborntodie

Stop me if you heard this one before! Long term bitcoin chart-gives me the impression that we are in a bottoming formation here. Time wise it fits given the 4 year past cycles we have been seeing so far. I like the Demarker osc divergence we've got forming here in this area. Also like that the "mining capitulation indi" has signalled a couple of weeks back on...

Jasonborntodie

Don't mind me, mostly don't know shit about fuck. Just plotted a rather skewed H&S on BTC, showing that we have retraced fully to its %50 "head range". My view is that the bottom is in, we can see some volatile moves/wicks to the downside. But essentially this area is value area.