Welp. This might be it before the final run-up. Based on the past history of bitcoin, if we draw a line through the center of a power law function, if the price is above the ATH and it breaks that center line it typically signals the final rally towards the top of the power law band. Everyone is hoping for 2025, me included, but based on past history, we have...
Looks like Bitcoin is doin its thang. We had that major correction that previous cycles had around this time. Now we are looking to be at the top of the next peak according to Orion as well as the BTC ATH ROI. I'm thinking we will see another 10% drop in the next 8 days before we finally turn around and push back up towards 60k and beyond. Previous cycles had this...
Here is an interesting indicator I whipped up tonight. Calculating ROI based on when BTC broke its previous ATH. There was a similar dip around this time on both previous cycles. From this indicator you can clearly see just how parabolic we can get in the future. It's also interesting to note that the peak of the previous bull run touched the pull back of the run...
It all comes down to this next 24 hours... Can we hold the line and bounce off and up? Or, do we fall to our deaths? Currently it's really hard to tell. Orion is telling us that the delta v isn't slowing down yet, but it still has 23hours left for the bar to close. It's going to take some serious money flow to pump into the market. Im gonna cross my fingers and...
Woooo weeeeeee. Things are lookin' spicy right now. Even though BTC recently made a new ATH we still actually haven't broke our center support/resistance line from the previous cycles. It has proven to be a worthy opponent multiple times, each one resulting in over 30% dumps. Orion is also showing a possible reversal right in the Daily, which is telling me that...
I don't know, but here is my dart on the wall. There seems to be a correlation between when Bitcoin breaks the Previous ATH and how long it has until the tippy top: ~280 Days. This gives us from Dec 16 to the end of August / Early September to get out. We can also draw out some trend lines on the logarithmic chart to see how high things could get in the end:...