Decided to allow public access to my #P2T Model chart! You have to be logged in to TradingView, turn on log chart and adjust price scale to fit all. Best viewed with dark theme! www.tradingview.com
My P2T Model was adjusted on the 24th January 2021 from $200k to $283k because of recent onchain analysis on scarcity and demand. The timing base philosophy remains the same: equal rectangle width on rectangles of the same halving (pre and post halving).
After breaking up the wedge it's becoming clear we have a Cup&Handle structure forming on the BTC/USD 4H chart. If bitcoin can hold the 27k level this could be a good breakout point to the 30k. The oscillators also show strength coming with more liquidity from last night.
I've been seeing some long term ideas and I've decided to improve a bit on the widths and heights as well as the exponential curve inside the rectangles. What do you guys think?
cloud.nextcess.com We have 2 wedges forming and two possible breakouts to retest ATH. Possibility #1 is very bullish and could mean very extreme breakout out of context. #2 is more conservative and allows a retracement back to the long term trend line.