In the previous two BTC 'halving eras': The peak occurred in the second quarter of the era The price was down roughly 59.5 and 63.0 per cent from the peak to the middle of the era* The lowest price after the peak occurred in the third quarter The third BTC halving occurred on 11 May 2020. This leaves 81 days left (not incl. today and halfway point) for the...
Recently, several people on TV have posted price targets calling for $1.00 CELR at the next peak. These analyses have used the log scale. This is an extension of those analyses. The last three run-ups from low to high have seen growth ranging from 942% to 3250% ( M = 1925%) over 68 to 154 days ( M = 124 days). Using these minimum, maximum, and mean values,...
The price has already broken past horizontal support ($0.02) and is flirting with the diagonal support (26 Nov to present). Another sudden move by BTC in the wrong direction and AKRO will break diagonal support. Added to this is the fact that AKRO's higher high, higher low trend was recently broken at the beginning of Dec 2021. And the price went even lower on...
Overall, CELR has demonstrated higher highs, higher lows since Mar 2020. Following a new low, once RSI pops up above 41, this has been an indication of a bullish trend. CELR may climb up and sprawl in ranges indicated by two green boxes, before popping up to test ATH. Based on fib retracement, CELR could strike a new ATH upwards of $0.30. Perhaps this occurs in...
Starting from 1 June 2015, there have been 20 'sell' signals on the Top Bottom indicator (not including the most recent signal). Fifteen out of 20 periods from 'sell' to 'buy' signals represent negative price changes. Here, these periods are defined as the daily high on the day of the 'sell' signal to the daily low on the day prior to the 'buy' signal. The...
On 7 Jan 2022, I posted that BTC could be down around 30K by the end of Jan. This prediction is still in play. Several bearish things have just occurred: • Diagonal support broken on daily • Hash ribbon level (~37.3K) broken on daily • Neckline, either way you look at it, broken on daily • .786 fib level broken on daily However, on the daily, BTC is still...
If history repeats, BTC breaks down to around $30K by the end of January. But if breakdown occurs, H&S could complete by end of February to beginning of March. On the other side of things, there are multiple supports to consider. One is horizontal support is right around $40K. There is also diagonal support (thick, black line) with a few bounces: • 8 Oct...