My question is are we in a new era/channel for the crypto/Bitcoin market? Or are we just in extreme capitulation like the outlined ones In the past? We were in this channel since 2012 for 10 years and now we have broken below it for the longest amount of time in BTC history. Maybe this is our new normal or will we recover back into our historic channel? I’m not...
I do not believe we are in a 2000/2008 bubble pop. I believe we are in just a correction, and we have much further to go before we would ever enter into a bubble burst. With technology and online investing apps/ramps, I do not believe we will see a crash of that magnitude currently because our internet economy/country cannot afford to go into a depression right...
I believe the bottom is in we will bounce off of it for a while before continued recovery going into the next halving just like in the 2013 bear market going into the 2016 bull run
I think we could see a scenario like this, I tend to think this is big capitulation that we are in and I believe the bottom is in.
Just my opinion I think the bottom is In when you compare it to other previous cycles
If ethereum can break through above $1825 our next target fib level will be $2,425, if we are rejected we will retest the bottom. I think the markets are about to start going back up over the next 18 months in my opinion the bottom is In
I think we have seen the bottom of the market. Compared to 2008 we completed almost an identical pattern except we aren’t going as low as we did in 08. Our bottom pattern bs 2008 is the same pattern just the bottom is higher currently. I’m not saying there isn’t a possibility we could go lower but I’m 99% confident the bottom is in. Bitcoin retesting the 2017 too...
I think we are in a sideways crab market I think we will recover some more where institutions will take profits causing a second capitulation we will retest the bottom again before staying sideways in this range for a while gradually returning into a bull market. If the DXY continues to crash depending how fast the stock market/crypto will do the opposite of the...
I’m telling y’all this yellow line is our floor bottom, anything below is short lived capitulation that should be bought. Most will regret not buying this dip. It will be clear to all of us in the coming year that retesting the 2017 top was the bottom.
What if the real bitcoin cycle top wasn’t in. We still have a really long time before the halving and our entire bull run lasted from may 2020 to may 2021 it was hardly even a bull run. Idk just doesn’t seem like we stay this low or lower for the next 2 years after we have been going down for over a year already
In my opinion I think we will see bitcoin go somewhere between 100 to 300k in 2025. Probably more likely between 150 to 185k, after seeing how we topped out at only 70k this cycle it really changed my view on price action. I also believe Ethereum next cycle is going to beat bitcoin gains and will go to 7 to 11k minimum, its likely not going to be 20 to 40k that...
Anything below this line is capitulation. Our next recovery move should take us to 29.5k that should be the true bottom except for capitulation below that. I believe we will have a second half of the bull run once stocks continue to all time highs and when the DXY continuously goes down. We will see a huge bullish top once DXY crashes over the next 18 to 36 months...
This is just a simple comparison of where I think we are in the bull run. I still believe we will possibly have a higher top before next halving similar to 2013 or the 2019/2020 small top, but a higher hi this time, when the markets return bullish in the next recovery over the next 18 months because we still have 2 whole years until the next halving. Either we...
The monthly Rsi is lower then it has ever been in my opinion once we reverse back into a bull market we are going to see a super strong run to a 6 figure bitcoin. Buying now at 19k is the deal of the century. I know it is scary buying because of people being overly bearish just like they were overly bullish. Remember 100k bitcoin? Now it’s 5 or 10k bitcoin....
Looking at the Rsi it looks like we double bottomed: we bounced twice I’m calling it that the bottom is in and when we pick back up on the next bull run in the coming months a lot of people are going to be surprised especially when bitcoin and crypto recovers and they were overly bearish just like they are always overly bullish, it works that way both ways for the...
Rsi shows me we double bottomed if the DXY stops being raised we could recover from here and continue a bull market. Many people are way over bearish the same way they were way over bullish before just my thought
For the first time ever we have closed below the 200 week moving average if that’s not screaming a buy signal then nothing is. Once this recovers back to support around 30-35k everyone who didn’t buy this is going to be mad buying at 50k+ if the top of this cycle wasn’t a normal blow off top, guess what? Neither is the bottom. It’s going to be unexpected moves...
Each cycle so far has had a small top and a big top, wether small first then big second or big first the. Small top second, I believe we just made our small top and the big top is what comes next and we have plenty of time left for this to happen before next halving just my thoughts