rollingthndr

rollingthndr

The .382 and .5 TIME FIB both led to 80-90% gains over the following two months. TODAY is the .618. Notice price dumped both previous times leading to the prior time fibs as well. This is a buy zone.

rollingthndr

Interesting that the day after we hit the .382 FIB on the time FIB indicator. We jumped from the 100 to the .786 almost instantly. Now we busted through the .786 and we are on our way to the .618 which is around 43ish. One note of caution is that we had a fakeout this April when broke through the .786 and fell all the way back to the 100.

rollingthndr

This is just for long term accumulators of BTC. Still holding the 100% line from the lows of 2018. This is a great area for DCA and long term investment. I couple this with the has ribbons indicator going off on the weekly.

rollingthndr

Bitcoin has been holding this Schiff fork since the highs and lows of 2017/2018. Only twice has it slipped out. Once during the rona dump and once on the FTX collapse. Both had been major accumulation opportunities.

rollingthndr

Finally got a nice break of the .618 FIB- This could bounce between the .618 and .5 fibs on this pitchfork for awhile. Similarly to the 2018 cycle. WE might have to wait till fall before we get the run up to the 2024 halving. REgardless. It looks like the low is in at 15,500. Just narrowly missing the bottom of the fork. Buy any big dips from here on out.

rollingthndr

After getting a nice rip out of my previous accumulation zone chart. We are reaching another big fib on this Schiff fork. A 50% retracement would be really nice here to dip in again (20,500). It also lines up with the 21 EMA on this weekly chart. Would be nice to chop sideways here for 4-5 months to let us accumulate some more. Bigger legs up expected at the...

rollingthndr Updated 

This is a SCHIFF pitchfork which has held up well. Definitely in the accumulation zone now. Will the FED's interest rate hikes kick in next year and invalidate this? Let's see. My guess is BTC will decouple eventually. It will also be the first to recover. Maybe even months before a stock market bottom which is months before housing market bottoms. Regardless,...

rollingthndr

DCA'ing here is the play. Reaching the bottom of the pitchfork. This aligns with the 2018 low and the corona low as well. We are closer to the bottom than not. Based on time fibs. The next bull run doesn't start until OCT 2023. DCA'ing here is the play for the next 10 months.

rollingthndr

Just a simple pitchfork here for BTC long term. I like 14-15,000 bottom sometime in Q4. The last cycle bottomed Dec of 2018. Another Q4 capitulation event 4 years later would be fitting.

rollingthndr

As long as BTC rides above the median line. We are still BULLING. Short term targets are the .5 FIB at 60k. Long term "blow off top" area is about 120k around the 1st of the year. If it finishes off in FEB or MAR, extend targets to 130-140.

rollingthndr

Obviously this runs with BTC at the end of the day. However, W patterns are bullish and this one has been setting up for 4 years now. Add to that the large volume the last 12 months or so and we could be in for something special.

rollingthndr

The schiff pitchfork explains all on the long term. Yesterday's wick through the median line was immediately picked up and is still holding the 100w moving average. Bull run is still on IMO.

rollingthndr

Until we break the median line (30k). We are still onwards and upwards. However, we may range between the .236 (40k and rising) and median line (30k and rising) for quite awhile as a base.

rollingthndr

Using a Schiff fork. BTC has been rejected at the .618 multiple times. The .236 is between 37-38,000. The Median line is between 32,000-33,000. If we start closing weekly candles below the median line. It is more than likely over for this bull run. The median line rejected us at 13k in 2019 but should be strong support if we still have legs in this bull run.

rollingthndr

As BTC sets up for a bit of a medium range correction. I have staked out a couple zones I will be personally add to my positions. I just setup a simple fork on the weekly. The .236 and median line will be add zones for me. Keeping it pretty simple here. This is just for educational purposes only and not financial advice.

rollingthndr Updated 

** Please note this is super speculative and not any kind of financial advice at all. This is a 5D chart, JUST FOR FUN! I am only using the last bull run for historical perspective, so take it as you will. Going on the last run. Before the third to last correction. It was only about 71% of the 2017 rally. I took the low of the correction to the high of the...

rollingthndr

Lining up MACD crosses. Every cross to the long has resulted in nice pumps for BTC price. These gains decrease slightly throughout the bull cycle (Using 2017 as reference), before the major blow off top before the end. Every retrace has happened on the .618 of the time fib interestingly as well (MACD crossing downwards). Let's see how it plays out!

rollingthndr

Smaller push downs from the same ceiling shows that selling is getting weaker.... I expect a breakout ANY DAY now.