The sophistication of insight comes with simplicity, not over complicated drawings with 100 different lines and graphs. In this simple chart, you will see the price action for the next 4 years. We will be in a down trending channel through 2022. Be sure to scoop up some bags in 2023 before we take off again. Good luck! I want that RSI to go down below the...
Remember, PRICE = TIME!!! We have consistently followed a 4 year cycle since Bitcoin's conception. This 4 year cycle is in place because of Bitcoin's 4 year halving event, and you can see price action follow these 4 year cycles in the chart for the past 10 years. All other cryptocurrencies follow bitcoin and its macro market cycle including ETHEREUM. In 2022, we...
Remember, PRICE = TIME!!! We have consistently followed a 4 year cycle since Bitcoin's conception. This 4 year cycle is relative to the 4 year programmed cycle of halving events, last one was in 2020. We have already reached the all time high price of this cycle at $69,000. We are due to repeat the 4 year pattern. In 2022, we will see prices drop 60% - 80% just...
We have been in the middle of the most bullish rally bitcoin has ever scene in its' lifetime. With great euphoria, comes great uncertainty. Look at the weekly moving average. Through out bitcoins life, it has always come back to test the moving average before moving higher—with some of the most significant drops being around 30%. Currently the weekly moving...
We have confirmed the diamond top, which is a bearish signal. We have fallen out of the key support zone and have no where else to grab onto until we hit $3. The bull in me see's this as the new bottom, and price action will move upward once we build consolidation around $3 and confirm that this is as low as the market wants to go. We have yet to confirm that,...
This is not trading or investment advice, this is simply for your entertainment and to document my predictions. We are forming an ascending bullish triangle. If we can't keep support above $3.5, then we will go back down to $3.0. However, if we go get above $4 and turn old resistance into new support, we will then begin to work on a bull rally to $5. Can't wait...
The RSI IS MAXED OUT AND FALLING, THE MACD IS MAXED OUT AND FALLING. But it's not over yet, investors and traders are aiming to get to that $5 mark. Let's build some support around these levels—$3.4 to $3.8 and build a bullish triangle and consolidate. Decentralized exchanges are the future.
We are in for a VERY INTERESTING couple of weeks ahead. The US election has everybody in a very polarized position with their investments and trades—either you bearish as hell, or you're a flaming bull. When we zoom out and look at the yearly time frame, it looks like we have descending buy volume and the MACD moving average is losing momentum quickly. We might...
I've been watching this little piece while everyone else has been sleeping on it / distracted by the glitz and glam of Bitcoin. Look at the chart, we are currently at the end of the third wave of a three wave macro bear trend. The RSI and MACD have both bottomed out, we are now at a double bottom at $2.5. The sell volume is has really calmed down. There is huge...
I get so much hate on my predictions and EVERY SINGLE ONE I'VE MADE HAS BEEN CORRECT! Look at the chart, the MACD and the RSI have reverse direction, the top is in and we're about to vomit everywhere. If you bought at $11,400...I really feel bad for you. We're about to dip and first bounce at $10,000 and then dump until we hit $8000. ENJOY THE RIDE! Read my...
So many bulls out there saying we're shooting to $15K. WRONG! LOOK AT THE CHART YOU FOOLS! We are witnessing descending buy volume and ascending sell volume—just look at the MACD and RSI, it's right in front of your eyes. I'm looking forward to dipping down to retest the resistance line of the downward channel at around $7K, let's see if it can turn into...
We are moving lower to fill the gap at $9,650....enjoy the ride. Follow the red channel down as a guide to your trades.
Intro: When the FED announced their new inflation policies last week—we've witnessed a beautiful pump up to $12,000 for BTC, however, it is unlikely this will hold. We are meeting a lot of resistance, and past pumps to $12K only lasted a day or two before dumping back into the $11K.
Yesterday, I posted the prediction that we were at the top of the FED-INDUCED inflation rally at $12,000—most likely dumping to the lower levels of $11,000. This morning as I woke from my slumber, I see that I was correct. There was a lot of irrational price action on the charts and FOMO was taking over the trend. My friends, when FOMO takes over—nobody is...