Not sure how I did not see this sooner. But now that it's drawn out it seems obvious. It would perfectly respect the bubble chart (we would be in the return to normal phase right now), and it would also expel all the moonboys who still hold hope for a predicted 2024 bull cycle with btc halving as catalyst. Most of them will lose hope and leave the space if...
It seems like the worst is yet to come. Banks are starting to call for a recessions certainty slowly but the predictions keep piling up. This is exactly what we saw in 2008. Many people thought the drop was already done but bank predictions for more downside started to accumulate until they were eventually right. A simple bar patter fit would suggest we could...
A repeat of last bullish cycle will break the upper current multi-year trend line as we so often see happening with triangles like these, see it correct down to test it, before shooting back up to LINKs cycle top in the 3 figures. Interestingly this would put LINK at around a 100B market cap given current circulating supply. Easily doable should ETH run up into...
Shown in the picture is a bullish (small green) Gartley that is just finished. The markets reaction is already UP, as this pattern would predict. Note however that the market is also "textbook" following the bigger bearish Gartley in which the smaller bullish one is located. Keeping all the ratios withing the Gartley-valid-values, this could take us up to 550....
This is the result in the drawing of some free hand trajectories. With names like DanV predicting sub 300 prices as well, and with consideration of the last rise to 680. This might just be the perfect bubble in the making. And looking at it from this perspective, really not that far fetched. Taking the current Fundamentals in combination with relative...