Something else to watch out for this Week is the #BTC OPTIONS expiry on Friday 19th April This alps happens to be the #Bitcoin Halving day. What Will this do to BTC ? This has NEVER happened before and previous Halvings were no where near the halving date The chart shows you recent options expiry dates and PA results. Bitcoin options are financial derivatives...
We just made a Lower Low and currently bouncing. Assuming that we are about to continue higher, we need a Higher High to confirm recovery. This would require breaking through 72800 USDT PA is no longer over bought on lower timrframes to the weekly, where it is still overbought. Be Cautious untill that point is passed and held.
A Still in Range. CME Gap Filled. PA moving into Neutral Zone on MACD and RSI close behind. This Week, we see the #BTC Halving and we also see PA bump into another Fib Circle, If PA is up near the current ATH line. Otherwise we hit that Circle Next week. As you can see, the last 2 Fib Circle PA has come across while in thie range, it went through and then rolled...
That CME gap that was created on 22 March has finally been Filled. For me, the pressure has been on PA to Dip back into that gap to fill it and so we have been ranging above it for weeks. This takes the battle lines between Bulls and Bears to a higher level. PA can move on. But will It ? Hong Kong just approved BTC And ETH ETF's. We may see outflows from USA...
Been posting this Chart for a while now and we are at the point of Decision. We are at Range Low and if we Loos this, we visit the1.768 Fib line with a possibility of further Drops - However, Support is strong. PA os oversold on many Lower time frames but the Weekly, the one that Really gives us power, is still overbought. We could see 55K USDT and that woudl...
I Keep seeing people Screaming and thumping the desk. WHY ? #BTC PA still in upper half of Range but, as ever, the possibility of a Drop is ever presant. But, for now, PA is holding up very well. I see people also scrambling to buy ALTS - But there is NO guarantee they will rise. Should BTC Jump up and BTC.D also rise, the ALTS will Bleed. And with that Fib...
The Chart above is BTC PA and the Parabolic rises to ATH but in this post, we are concentrating on a few surprising possibilities with the MVRV Z Score shown in the chart below. The Z-Score,(Green in the Chart) divides the difference between Market cap and realized market cap by the historic standard deviation of the market cap. Historically, this has been...
Drawing a trend line off the 2017 ATH and going through the 2021 ATH's and projecting along that path. Take the Fractal of the rise frim 2020 to the 2021 ATH andf Expand. The orange Fib Circles are placed off the start of the Rise in 2020. Zooming into a Day chart, see how PA reacts just under the 4.236 Fib circle...it got rejected for a few days before breaking...
This is another UPDATE on a chart I have posted in the past and it is continuing to show us a stunning level of repeating patterns, which, if it continues, will make 2025 a year to remember. So, Lets dive in a nd see what we have here before I show you whats to come. The RED line is the 50 week SMA and the Blue is the 100 From the 2013 ATH, it took 504 days...
This Bitcoin monthly chart shows us the Price Action ( PA ) since 2013 and a projection to Dec 2025. I posted this a number of Times since March 2023, showing the updates. I have super imposed the PA from the ATH of 2013 to the ATH in 2017. I anchored the 2013 ATH point to the ATH of Nov 2021 and, as you can see, Since that point, PA has followed that Fractal...
#Bitcoin 1 hour CME Gaps chart Could not post this the other day was was away but Here you go We created a CME Gap on 22 March This is noe being Filled, as it must or the CME ( Chicago Mercantile Exchange CME) losses money on its Futures trading. 80% of the Time, GAPS get filled. Set a limit Buy order at 63K and the chances are it will get filled. So far, since...
In this Heiken Ashi chart ( used to iron out all the noise) we can see that it is not always a Guarantee that April is Bullish for Bitcoin. In fact, it is nearly 50 / 50 6 RED to 8 GREEN months since 2010 So where does that leave us with choices to make as we see PA drop a little ( it is still in range and remains so till we loose 61K Usdt) The Top indicator is...
As it says in the chart, These Trend lines are not formed by random placement but by the intersections of a line and the January Candles on this Bitcoin Monthly Chart going back to January 2013. It takes a minimum of 3 points to make a valid trendline..and this has been done here. The Lower trend line has a number of points and we can also see h ow in 2015, PA...
In a few hours we will have the opyions expire, as normal, on the 3rd Friday of every Month Today, we see the largest ever options expiration BUT, look back over the last 12 months of these Expiration's. IT IS NOT CATASTROPHIC as some make out to be. Be Cool - Be knowledgeable.
#Bitcoin Daily An Old chart and as you can see, I am keeping the Arrows to lower levels there as we still are in that area where this could happen. Currently, we in that range that is likley to continue, despite the USA latest attempt to undermine the Crypto economy with charges against KuCoin for "Money laundering and not filing against US citizens" We had a...
The first thing to notice here is simply how that RED 236 Fib Circle caused rejection EVERYTIME PA hit it. That is the SAME fib Circle from 2021 and Now, in 2024 That is amazing enough but what is ASTOUNDING is simply that the Root points used to create that Fib Circle are based in 2023, in fact, it is Jan 2023 and then the first high after. SO, This Fib...
In Feb, 2021, while enroute to the 1st ATH that year, The TOTAL chart saw a -29% pull back that had many questioning if that was it for the season. This happened after a Sharp push up after PA had ranged for a while at the end of the previous Year. Some noted at the time, that the MACD was not oversold yet and so a potential for more existed. That pull back...
The chart says it all 854 days from LOW to ATH Next ATH scgeduled for 31 March 2025 - 1 year from now ACCUMULATE