Analysis based on the stock-to-flow (S2F) model, an analysis of price action following previous mining reward halving, and the general ascending price channel. Additional context on stock-to-flow (S2F) model can be found via Google (cannot post links in description) Disclaimer: entertainment purposes only.
Looking at similarities between behavior of BTCUSD price action after crossing previous ATH during large bull runs (correlated with mining reward changes). Last bull run had perfect retraces and supports at 1.618 and 2.618 Fibo levels, and similar pattern is emerging for 2020/2021 run. Hypothesis: BTCUSD will continue mirroring the past, ultimately pumping to...
Playing around with supply and demand zones based on candle pins and some Elliott waves. Circled yellow segments show indications of large supply or demand indicating future resistance or support zones. Market mentality supports at round numbers (i.e. demand at $250 and supply at $400). These also overlay quite nicely over a standard fibo...