Head and shoulders pattern with double shoulders confirmed with a high volume break of the neckline
If the USD begins severe deflation, panic buying and selling could push price to extremes.
Breakaway and runaway gaps (green) don't usually fill, exhaustion gaps (red) often do.
Irregular head and shoulders confirmed with high volume break of the neckline. Target is around ~18K
The first phase of an inflationary depression is deflation.
BTC to break 20k, as low as 18.5k before continuing to 40K
Bottoming H&S pattern suggests reversal. Likely short squeeze above 20K. Expecting major drop at end of year, potentially as low as 6K.
30K --> 40K --> 20K The blue lines are a fib fan from $1,000 in 2017 to the ATH. We are currently at strong support on the lower third. Return to the 50% level is common, and would form a return move of the long term head and shoulders. The lower target is the previous ATH of $20,000, which corresponds with the lowest support of the fib fan. The gray bar...
Expecting low angle uptrend until around ~$64K in ~2024
Sell: $46,444 Stop: $47,501 Stop: $48,371 Target: $40,261
Sell: $43,000 Stop: $44,401 Target: $21,161 RR: 15.59
Trade 1: Buy: $39,000 Target: $194,444 Stop: $24,444 RR: 10.68 Trade 2: Sell: $194,444 Target: $14,671 Stop: $251,000 RR: 3.2
Trade 1: Sell: $42,000 Stop: $43,001 Target: $30,861 RR: 11.13 Trade 2: Buy: $30,861 Stop: $24,444 Target: $194,444 RR: 25.49
Buy: $21,161 Target: $194,444 Stop: $14,889 RR: 27.63
Trade 1: Buy: $39,000 Target: $144,444 Stop: $24,444 RR: 7.24 Trade 2: Sell: $144,444 Target: $14,671 Stop: $176,671 RR: 4.03
Trade 1: buy: $40,000 target: $94,444 stop: $24,444 RR: 3.5 Trade 2: sell: $94,444 target: $12,161 stop: $121,161 RR: 3.08
Trade 1: Side: Long Entry: 33561 Stop: 24444 Target: 56968 Trade 2*: Side: Short Entry: 59444 Stop: 75671 Target: 14161 *If Head and Shoulders is confirmed at breakdown of yellow dashed line - increase the size of trade 2, keeping the stop loss above 70000* Trade 3: Side: Long Entry: 12161 Stop: 6999 Target: 23889 Trade 4: (no stop) Buy: 7361 Sell:18889 Trade...
A generation is thought to span approximately 22 years, forming recurring cycles of 4 generations. Each cycle begins with a revolution generation, which informs the nature of the next three. When did the most recent revolution generation begin? My best answer is The Unix Epoch (Midnight, Jan 1st, 1970). This was approximately the time that the microprocessor was...