Orriginal

Orriginal

I have been posting this idea for a while now and PA is still on track witht he post 2013 ATH PA pattern. This is marked on the main image on the left The closer picture is below [/We are currently in the area that the large White arrow is pointing towards, The Rise to a Peak and then the -34% Dip. From this point,. Note ow PA Rose to the Next ATH Below is...

Orriginal

#Bitcoin Weekly - long Term Chart Over all, PA is still in a Pattern and that pattern is different depending on what type of chart you are looking at. But they are nearly all Bullish. But, for the moment, it seems we drop a little further. And on this chart, we can see that the 59K USDT line on Long Term Support maybe the bottom of this. That would retest support...

Orriginal

This is the OTHERS.DOMINANCE chart on \ MONTHLY scale. Altcoins Dominance — Index Chart - TradingView Crypto Total Market Cap Excluding Top 10 Dominance, %. OTHERS.D Crypto Market Capitalization. OTHERS.D I have marked the Bitcoin Halvings and ATH also as a marker and we have a number of very interesting things to note. Lets start at the beginning. ALTS first...

Orriginal

Been away pn family Business Now back AND...................... The Squeeze I was talking about ( arrow) has been negated and so now we continue to fall in the Fib circles, with the 236 acting as support. And we Wicked down to the 3 Fib extension and. for now. have found support. And for me, I think we could stay with this as support for now, maybe longer. If...

Orriginal

On first glance, the Run from 2017 to the 2021 ATH and the current path from 2021 to the Next ATH, could be seen to be very different in so many ways. And They are, I pointed out the First and most prominent difference recently when I showed how PA was level with previous ATH level at the Time of Halving for the First time Ever. However, as this old chart...

Orriginal

One of the MAJOR things we look to in trading are TRENDS. They give us patterns and Signals and the Longer a trend has existed, the stronger the "Suggestions" it can Give. Bitcoin has been in a rising Trend since it hit a Low in 2011. From this point, it has been subject to rejection off a Fibonacci Spiral. ( I have explained this in detail in other posts, so I...

Orriginal

It is actually a HUGE difference too The First Halving was in Nov 2012 and 35 days later, PA began its rise to the ATH in 2013. From there, the next halving was in July 2016 and you will notice that PA Was currently Below the previous ATH level. PA begansd its rise to the next ATH around 80 days after Halving. The next halving was in May 2020 and once...

Orriginal

The chart explains itself. But look at that little circle on the left, Arrowed...... We are in the same position now....Just above the previous ATH level testing support. Except this time, It is on a Much MUCH bigger scale and this is most liekly because we are taking out Time..... Last time we ran head long into the Highly Levereged Bull run, Shot up and in...

Orriginal

The chart explains itself really but we can see that BTC PA has not been effected Directly but more by the impact on other organisations, Mostly Banks. What will be interesting to see i nt eh coming months, is what happens when the FED curs rates, probably in September 2024. On average, when the FED Pivots, Stocks fall...people tend to forget this. We shall...

Orriginal

I have posted this chart before , so we could say this is an update on the situation. And it is fairly easy to see just where we are. Still in that"Eye" shape and Getting Squeezed - and running out of time. The chart above shows us how PA is clinging on to that 272 Fib extension. It does NOT want to loose that. PA has around 2 weeks to get out of the ever...

Orriginal

A nice simple post showing you how PA has repeatably tested the previous ATH line for a period before pushing up to the next ATH. The Green circles show you this. Note how the periods just below the previous ATH line are getting longer. And we are now very close. But for those that are impatient for this move higher, Hang on...this is a monthly chart -> We...

Orriginal

I have been talking about Bitcoin getting squeezed a lot recently, mostly on X But..Here it is...Another view of this. So, How is Bitcoin getign squeezed. Overhead, we have that bold line that PA has been rejected from on a number of ovvasions now since the 1st week of March and it is a tough line to cross for many reasons. So. Over head is tough. That is the...

Orriginal

NOTE - you may notice the Days Count lines are a differnet length, this is because I use the Volume Candles and so, because of their varying width, day counts can appear longer or shorter.... There is a lot to see in this chart and I am having a loko at it today because, for a few days now, I have felt Uneasy. Something is about to happen. It may just be that I am...

Orriginal

So, as we come tot he close of MAY 2024, short of a Catastrophe today, MAY will close Green for the 7th time in Bitcoin History, bringing the score to 7 Green - 6 Red for May The Current score for June is 7 Green - 5 Red On 4 occasions, we have had a Green June after a Green May, so odds are higher we will see a Green June, though is os NOT a...

Orriginal

This Monthly Bitcoin chart shows how we could be with in the realms of reality to expect further push high. We have not reached the upper trendline yet. Noy even begun the journey to the next real ATH. BUT...................... PA ( Yellow line) has been in a large ascending channel since Dec 2013. It has touched the upper trendline 4 times and the lower 3...

Orriginal

For those that do not know, The Average True Range (ATR) is a tool used in technical analysis to measure volatility. Unlike many of today's popular indicators, the ATR is not used to indicate the direction of price. Rather, it is a metric used solely to measure volatility, especially volatility caused by price gaps So why do I say a Drop maybe incoming...

Orriginal

I have been using the Heiken Ashi chart with some success over the last 18 Months and so I am looking to it for ideas about where we may be heading with Bitcoin PA The chart simply uses the Heiken Ashi candles ( yjay iron out the Noise of standard candles and give Hints of Trend changes on all time frames ), 2 Fib Spped resistance Fance and the obvious...

Orriginal

I have previously published a more detailed analysis if why this Arc is Valid but for thepurpose of this post, Lets just say that a Valid Trend line is made of a minimum of 3 touches and we have that here. The chart above shows us slightly more detail. I have raised the Future arc ( orange) so we can see it clearly. It also shows us that we have a little...