As always I am not an expert, just a researcher and enthusiastic person in macro-economy trends. As the chart is representing, the fall in DXY means a gain in crypto and the stock market's valuation, but be aware not all the devaluation of the Dollar against other currency means there will be a bull run (such as in 2008) My minimum expectation is a relief rally...
whenever daily RSI of BTC dominance increase above 80, soon there will be outperformance of altcoin happening
This is a very basic and general idea about what we had as a resistant and support level between the $20k to $69k. Desipite of everyone is mentioning that bear is finished and we will have new ATH or this is just bull trap, you can find yourself a pretty good simple technical analysis of what level we should pass. At worst case scenario we need to at least reach a...
This is a very simple technical analysis of BTC, looking at the BTC price in the weekly timeframe. Series of bearish divergence in weekly RSI broken and cause BTC price in a positive way, 2 out of 3 times made new ATH. No price action will go down or up sharply and we still did not have any meaningful rebound after these drops. Timeframe would not be predictable...
As you can see, DOW Jones industrial average price action compared with BTC behaviour in this cycle. Of course, this is one of the many possibilities and market sentiment is very different I am looking at 20 years of price action with 2-3 years, but If I remember correct Bob Lukas ( 4-year cycle of BTC) youtu.be (here is one of his videos) , was in the belief that...
in the correction phase, one of the places that are reliable to have a look at is the BTC CME market. in the correction phase usually, BTC price actions fill the gap, I do not believe that we will go below the previous all-time high as the cycle is not finished yet. Worst case scenario is 23750 even though we have the same support at the spot market. then...
Overall macro trend and potential of any big markets are the full fib retracement prior to the largest correction they had. DJI is just met 3.618 and it seems the stock market might have a rally or one more push. to explain it better BTC had the same pattern in 2021. The first bull in Q1 2021 was massive but not reached its full potential like ETH. The Q3 rally...
Hey everyone, Here, there are three charts in the weekly time frame. 1) BTC 2)BTC.D 3) ETH.D +BTC.D As we know ETH and BTC already reached a full Fib on their market cap and so many altcoins (mainly new ones) had a massive gain. As we are starting a new macro upward trend and alongside that in Stoch RSI we can clearly observe that we are expecting the going up....
As you know, the whole BTC.D is in a bear market structure since 2016. if we look at the bear market structure of 2018 of BTC we see a similarity between the behavior of the BTC.D and BTC /USD they both reacted to the main resistance level several time and each time they bounce less (lower high) and each time they pass the resistance line (more depth and time) I...
If you copy the pattern of where the last altseason began on 2021 you will be amazed how exactly we are test the critical levels and also how nice we are bouncing to the same level we bounced on BTC.D previousely. I belive this one green candle will be the last BTC.D going up nearly 1% and we will rush to a massive market rotataion and final altseason before the...
If BTC reach its ATH at 69K and this is only the retrace of that, It can be corrected after 0.5 and enter a bear market after reaching its 0.786 (best case scenario)
in this chart we are just comparing the slope and possible potentials of what happen historically. 2017 we had 2 altseason and a pause in between early 2021 we had a kind of altseason for some coins and we are looking to complete one season and we already has a pause phase. as it seems the power of alts increasing I just reviewed the possibility of what...
Let me be clear on one thing, we are in the Bull market and Altseason is happening. It is only a matter of time which one pops first. As you can see some of the big names in DeFi are consolidating for a long time. I believe all these four will need to complete another fill Fib Retracement as It has the potential, Volume, and Liquidity. If we look at their rise...
Here is another prediction I made around 3 weeks ago, I am not a guy to publish any 1 every hour. I believe we will start building up like we did a year go the slope might be slightly slower but being on the uptrend is my answer for the long term. I would say for at least 4-6 weeks time.
It seems the ratio have some repeated and expected behaviour between a predicted range. It would be nice to keep switching between these two for more profit
Since XRP getting back to track, another way to look at the growth, we can see where we had resistance in this chart that might our possible resistance into new price discovery at the first step
This is an Idea like many. I do believe that we will experience supercycle in Altcoins but I also think the max BTC dominance would be less. The orange box is the representative of the Bull run in my opinion. I am not professional, analysis is my passion but my background is engineering and numbers and data analysis is part my critical thinking.
If you look at the trend of RSI you can as we break the downtrend in interest, we have massive up move then we come back and test the the line. I copied the pattern of 2 previous upward movement and both showing in short term we have a massive increase by coming back to the same price