Primordial

Primordial

Pi Cycle Top Pi Cycle Top has been a pretty accurate indicator for picking cycle tops in previous cycles. Pi Cycle Top is defined as the convergence of the 111-day SMA and the 350-day SMA (Multiplied by 2). As of January 2025 we can see a lot of room between the 111 and 350*2 SMAs, suggesting that we have plenty of scope for more upward price movement from...

Primordial

We've still got plenty of room to run in this cycle's bull market. From this indicator we see room for a potential 180-200k peak this cycle.

Primordial

Historically, the ends of the last three BTC bear markets have shown a strikingly similar pattern, especially in relation to the Fibonacci retracement levels. The 0.618 Fibonacci Level: A Key Indicator The Fibonacci retracement tool is widely used in technical analysis to identify potential reversal levels. The 0.618 level, often referred to as the 'golden...

Primordial

This is a critical time for BTC. A rally from DXY here may be a catalyst for more significant downside for BTC, potentially fulfilling the bears wishes for 10-12k BTC.

Primordial

The DXY may be on its way to revisit the bottom of this channel. Maybe some small reprieve from the over-extension.

Primordial

I don't think anyone would argue that there aren't rough times ahead. This spooky correlation on the weekly is just one more signal to add weight to that assumption.

Primordial

Watching for a bullish break from this diamond bottom.

Primordial

A creative use of SMA's & Fibonacci multipliers to give a highly effective indicator for long term hodlers. Credit to @Ocnad for the indicator

Primordial

While I'm optimistic for a continuation of the rising channel, the outcome from the FOMC meeting later today is likely not to be favourable for the bulls.