Rgodsey07

Rgodsey07

After a 7 month consolidation period, BTC printed a beautiful Bull flag that recently filled its target and looks to be forming a head and shoulders pattern with a target around 83K.

Rgodsey07

looks like we're almost here!! cup and Handle break out time!! march 11 may be a big day. looming government shut down. some bank funds deal dead line... we'll see...

Rgodsey07

zoomed out to the long term looks like CKB is looking for new ATH sometime this year maybe early next year. .20 to 0.30 cents...

Rgodsey07

should have posted this when i saw it... played out right to the measured move also fibbin' out at the 55K line

Rgodsey07

not in the mood for worrrdssss bacon turd ham sandwitchesbrew from my butt .

Rgodsey07 Updated 

Bitcoin is ready for a longer term Bear market. After a being in an uptrend or it entire existence on a macro look. On the other side, Bitcoin is looking like it did right before the Nov 2018 before the dump to my green moving average @ 3150ish filling about 50% of the measured move. The current measured move has a target around 15K.

Rgodsey07

Noticing a lot of similarities in market cycles when it comes to time. the first thing that popped out to me was the days till halving from the bottoms. then I noticed the time from bottom to bottom and top to top and to bottom in each cycle. market top to top is about 1420 days. Low to low is about 1435 days. Hi to low is about 365 days. Market bottom about 500...

Rgodsey07

The previous two Bear Markets bottomed about 500 days before the halving.

Rgodsey07

Fib circle fits nicely with a decent Head and snd shoulders at the top.

Rgodsey07 Updated 

Not that I want to be bearish and this is probably way too much so, it's just what the chart is telling me. This cycle was not similar to the last because because people didn't have to buy BTC to buy Alt-coins. Now BTC's broken it's rona uptrend line after putting in what could be a double top that is now printing whats look like a head and shoulders pattern with...

Rgodsey07

It's my belief that the 4 year cycle model is now obsolete, and Bitcoin is entering an extended bear market. This is the first time its been rejected from my 175 Weekly moving average and I'm fairly sure that its going to go test my 350 week moving average down @14K. This comes as a reaction to Quantitate tightening (QT) at the FED.

Rgodsey07

Just posting Ideas to have them in the future. looks to be a target of .75cents USD.

Rgodsey07

looks to me like we have some confluence with the fib .5 (118)region along with the bull flag target to about 124, Also just looking left at past action in 2001 it topped out in the region so I would expect some volatility in that zone.

Rgodsey07

Looking to me like the Run for the Rub is over. put in a clear Head and shoulders pattern.

Rgodsey07 Updated 

.do this don't do that can you see the lines. line's says you got to have a membership card to get in side.

Rgodsey07

Why not? huge Cup and handle forming since the 70's.. I wonder if it had anything to do with the Brenton Woods agreement? its gonna take a while but look like we're near the fun part.

Rgodsey07 Updated 

Had to put together a bullish case for BTC. Nearing areas of potential rejection. If not, 100K look out!!

Rgodsey07

Not much to say here, looks like a flag to me... yeah so I need more stuff here so i typed that... I'll take either target.