Orriginal

Orriginal

I do not really need to say to much, the image says it all. As I have been saying for over a year now, I strongly believe THIS is what we are doing..... This is the Current Bitcoin PA with the 2013 ATH to 2017 ATH Fractal overlaid and you can see for yourself, it pretty well matches. There were some things that pulled PA Lower, like LUNA and FTX issues but...

Orriginal

This was a superb Test of support on a line that was once Strong resistance. It acted as support during the first push up in 2021 and supported PA on its first hit on a New ATH in March 2021 and it held fopr a number of weeks but eventually broke. The Arrows tell the story THIS NEEDS TO HOLD I am SO bullish on this - However, if this breaks, then we are in...

Orriginal

So, heres an interesting set of "coincidences" for you to contenplate The Bigger Box is the Range Bitcoin has been in since March 2024 We are currently sliding down one of those dreaded 236 Fib circles ( red) and we are also battling the CME Gap ( green box) that is trying to suck PA down to 58K so the CME doesn't loose money and to fill that Gap. Just...

Orriginal

ALWAYS look at the CME chart BITCOIN CME GAPS The Daily chart shows us one that is still open and down to 58900 For me, this is HIGHLY likely to get filled So, SPOT BUY order placed at 59K ( not advice, just what I have done ) - Lets see if it gets filled. What this highlights is simply that the CME is a Major player now. Look at the previous gaps that have been...

Orriginal

NOTE - vertical lines are every January, so one year gaps. Bitcoin is now entering into its 6th month of a tight range. PA has never done this before, and nor in such a controlled manner. As a result, we are sitting mid way in the channel and this does point towards a dramatic rise, should we continue to follow the "Cycle". This points towards December that PA ...

Orriginal

#Bitcoin Monthly Candle Close Count since August 2011. After a poor start, July closed GREEN, keeping to the monthly trend. Previous August closes, there are more RED closes in August than Green, 8 to 5 Respectively. When the previous July closed Green, On 5 occasions August was also Green and on 3 occasions it closed Red. When July and August have closed...

Orriginal

And there iti s, the DXY support Group Keeps rates unchanged September is almost looking like a certain point of change now. This chart is of all rate changes since 2021 and the Key moments. The take away from this is simply that the changes had NO effect on Bitcoin It has always retreated that 9-% after an ATH But DID make changes was the effect on other...

Orriginal

TOTAL 2 is a chart i have posted in the past but not opften enough recently and a post in Tradingview recently . jogged my memory...and this is what I See. TOTAL market Cap is the top 125 Coins minus BTC and so can be seen as a Top ALTS chart, showing the performence of the Top ALTs against Bitcoin And as the chart shows, we have seen a rise recently, a...

Orriginal

Vertical linesa show Previous and Current JULY monthly Bitcoin Candles Currently we have a RED July Candle and that follows on from a RED June Candle. This has Never happened before now. But what is VERY interesting is the repeating pattern from just last year, that may or may not play out. In the Circle, we have a run of Green months, starting in Jan 2023...

Orriginal

I thought I would Update the Fib Extensions to the Bitcoin Index MVRV Z score. Hate to admit, I had forgotten to look at these recently. And, Simply put, we Are approaching a line of Decision time. That red line below the 236, is a point, that once crossed, is not that easy to rise above again till after hitting the bottom. Vertical lines are ATH dates so, it...

Orriginal

#Bitcoin Weekly Closed with a big Red candle. But this has happened before in August 2023 but while there are some loose similarities with the Ranges then and now, we currently seems to be a lot more Volatile. The Low to High of that range in 2023 saw approx a 24% see saw. We currently have a 37% see saw and we may yet go lower But we do seem to have found a line...

Orriginal

I have been posting this chart since around March this year and we have finally reached the 2 arrow line. This has given PA the Tme to recover from the 18 months of Bullish activity we have seen since Jan 2023. It is also now given the Weekly MACD an accelerated descent. This needs to happen to give PA support for a bigger move. However, the weekly MACD is...

Orriginal

I have not Looked at the CME GAPS Chart for a while and here it is WE HAVE A NEW GAP TP FILL..2 in fact but the lower one is so small it may not be worth the workl to fill it. 90% of Gaps get filled and given the dominance that CME Futures has now in the Bitcoin Market, I see no reason why this one will not also be filled. So, PA is very likely to descend to...

Orriginal

Since Last year, I have been commenting on how BTC PA seems to be running along the path of 2013 to 2017 ATH And here is another set of similarities. The Arrows on the left are the Run from 2013 to 2017 and what I want to draw your attention to is the sequence of Red Green Red Green candles. After the 2013 ATH, PA went into a series candle colours, 1st Quarter...

Orriginal

As you can see from this simple chart, With the expectation that the JUNE candle Will close Red, we can look back over history and see what is likely to be next. Since 2011, we have had 6 RED Monthly Candles, including this current one. Of the previous occasions, the July Monthly candle closed Green on 5 occasions. That does point towards a very high likely...

Orriginal

I have been posting this idea for some time now. And we seem to be still following this idea, with a tolerence of error. But the question remains, which 2021 ATH is the root of this pattern. Below is the chart with the Fractal based off the March 2021 ATH, Which many say was the only ATH..But, well, It was not.... The similarity in pattern here is uncanny,...

Orriginal

Really easy to read this chart The MACD indicator is the Lower on the chart MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. Traders use the MACD to identify entry and exit points for trades. MACD is used by technical traders in stock, bond, commodities, and FX markets. After the March...

Orriginal

There a so many reasons, Technical and fundimental, as to why you shodl buy Bitcoin and Hold Here are just a Few Technical reasons why Buying now and even just holding till the next high is a good idea. On the main Chart, we can see that PA is in a Bullish Pennant. Apex date is around Mid September. PA WILL react before this date- PA is also sitting Above he...