Likely we see a blow-off top reminiscing of 2017. The chances of a left translated cycle (aka will top in 2024) are on the rise. I think it's an absolute last chance before we make more aggressive moves and get to altcoin ATH. After that, it's when the complete degeneracy will show in the charts to levels we haven't imagined possible.
Notes on the chart: • Month counting starts from where a new bull run begins and on the chart it marks how many months it took for the full cycle to complete (roughly 49mo). • Blue horizontal lines are BTC halvings. • Green zones are accumulation zones Overall update of the 4-year journey Back from our previous post we were looking at when the lows would be...
In the chart you can see the following: a) blue lines are the halvings that BTC went through and the estimated one in 2024 b) the measure of time between each cycle low and halving c) how long it took to top out after the halving Hi everyone, I just want to share my view of the following years in Bitcoin. I am a long-term swing trader and I build my trades...
I am not a fan of conspiracy theory so here is the logical deal. Most of you who had investments before the crash will benefit for this going to previous levels to recoup your losses. Traders also picked up on this idea and use it in their favour to make some money, helping the stock market to go up. It is logical to go with the trend, irrational is to stay on the...
Volume has been steadily decreasing for 9 consistent weeks. We expect the new Unemployment report on the 5th of June. I am a complete noob and due to my close to textbook understanding without too much technical analysis I would arguably say that what is happening right now is too easy to spot. Therefore, a lot of people believe this will crash hard and this is...