I'd rather not go into depth again how I've gotten 222k as a target, just see my related ideas. The idea here is that we've been following past cycles pretty closely. Beyond a certain point in 2013, there's really no clear path apart from UP. There is one hiccup in the first week of 2013's Nov. and also in 2017's Nov. Keeping the timing to scale, this would be...
Every cycle finds a local top from the 1.618 log previous cycle based fib and capitulates afterwards. That marks the top of the range. Every cycle finds a local bottom at the 0.5 log cycle based fib. That marks the bottom of the range. 2013 & 2017 Show reversals at the same milestones: These milestones being the 1.618, 0.5 log cycle based fib, July reversal,...
Disclaimer: I only use consistencies that are found in all cycles from '13 & beyond when predicting movement. There are a lot of them. First, I'm looking at the fib retracements that fall in a range that I define in my related idea '259k bullmarket top & how' or 'Holy Grail' for more details. Pulling the retracement from the bottom of the range and the 0.618 to...
Based on the regular bullish divergence against USDT & the heavily oversold territory its BTC pair is reaching, this is historically a good entry point for AAVE.
Regular bullish divergence into oversold territory is generally a good spot to get exposed to altcoins.
Already defining 10+ backtest approved reasons why 200k+ is expected, I've added one more fib-based reason why we should be seeing those levels near the end of the year. Placing a reverse log fib with the 0 at the top at the 1.618 at the previous bear market low, it establishes a range pretty well defined between the 0.5 & the 0.786. The significance of this is...
This isn't everything, but it's still a lot to unpack. I'll try to sort it out below for you. Let's start with any cycle beyond the 2011 since I use previous cycles for some of these fibs and 2011 doesn't have a previous cycle. The faded red, 0.5 fib: This is the log-based, direct middle of the full bull market of each cycle. You can see each cycle goes above it...
With the synchronized outages of social media platforms Facebook, Instagram, Whatsapp, & Twitter ... so far ... conspiracists have been saying for sometime to expect a national/global cyber attack that could create some sort of internet blackout. If this happens, I'd expect Bitcoin to crash to the predictive 1.5 fib that sits around 27.6k . Then the whales have...
Left chart illustrates each cycle adjusted for their July reversals - looks like we're on track Right chart illustrates the 0.5 fib reversal that each cycle seems to touch & go. Placing the 0.5 fib gives us a 1.0 fib as a target. With the 0.5 fib at 27.7k, this predetermines the top at 243k. See related ideas '259k bullmarket top & how' for a little deeper...
Pretty damning price action evidence that we have a 1:2 scale version of 2013's bull market into bear market at play. We've hit some key fib milestones along the major wave as marked by bullseye icons. If we can't get back above the 0.5 fib, I might just side with the bears. Cautious until we get above it. If we get above it, I think it'll get out in a...
See related ideas that expand on why we'll see 200k+
See related links for convincing reasons why we're bout to make a run
Among my other ideas, this one is more or less relating to how long a correction may last. Back in January when we capitulated from 42k to 29k , it took roughly 24 days to start feeling a recovery. We were signalled a recovery when we found hidden bullish divergence on the Daily RSI as well as MFI holding steady during the dip. It's been 22 days so far for us and...
September was expected to fall... Every cycle before did it... Speaking of 2013 and 2017... Let's recite a few things we've followed so far from those past cycles: We've hit the 1.618 log fib at 65k We capitulated afterwards We fell to the 1.618 nonlog fib at 30k We reversed in July We've capitulated in Sept Are we going to have a strong push to the...
September was expected to fall... Every cycle before did it... See related ideas for more info on the below: List of the milestones we've been following of past cycles: We've hit the 1.618 log fib at 65k We capitulated afterwards We fell to the 1.618 nonlog fib at 30k We reversed in July We've capitulated in Sept Are we going to have a strong push to the...
July into Sept of 2017 and July into Sept of 2021 ... like I said ... Probably nothing 🙃
Been pointing to this time in 2017 and even 2013 as well. September was expected to bring some chaos. I'm still guessing after tomorrow we'll see some uptrend start . We've been following 2013 and 2017 to a fkn T ... that is... we've been sitting in the 1.272 & 1.618 range, and no cycle has gotten out of it by this time yet... so why should we now? But pretty...
Price action looks similar to a 2013 peak into bear market, but you can't rule out other scenarios based on that entirely. Take a look at related ideas to see exactly what I mean. We've followed the bullmarket milestones to an absolute T so far... and September was expected to fall... so why would we be bearish if everything is literally going to plan?