robhood2

robhood2

200 sma on hourly was lost Sept 20th. Possibly last chance to buy the dip below 50K. Currently holding above blue 120 day sma.

robhood2

I have arrived at mid August a second way. Thank you to Rekt Capital for projection of Cycle top based on time from halvening: www.rektcapital.co I am adding hypothesis that time from break of ATH to peak is increasing 8% with each subsequent cycle which implies shortening bear phases. The object of this model is to track whether or not Bitcoin can stay on track...

robhood2 Updated 

Bitcoin has 9 weeks left to show it can maintain pace with previous cycles.

robhood2

Zooming in to show price interaction with line on previous chart.

robhood2 Updated 

Wycoff's Jumping the Creek set up played out last bull cycle with rejection from mid channel resistance followed by test of Launch Pad Line. I would call a monthly higher close a successful retest in 2021.

robhood2

Bull market tops and Bear market lows have been lining up on log chart.

robhood2

SUPPORT RESISTANCE

robhood2

When in doubt ZOOM OUT. Tradingview 3 day chart smooths out noise.

robhood2

Risk on barometer HYG test of recovery trend line on 3/17/20 FOMC DAY.