#Bitcoin has been trading at its lowest level of volatility ever. Big move coming. Up or down? If it's up last time price skyrocketed by 88% to the upside this would put price at around FWB:48K , also a major prior high which makes sense. If it makes a move to the downside I could see it finding a bottom somewhere between about $18.5k and $22.5k. With stocks...
Here is my latest thoughts on this #Bitcoin bull cycle. Thinking top sometime in mid 2025. We will see!
I looked back at the past two bull cycles for Bitcoin and noticed that it took about 1096 days for price to breach the previous 2M closing cycle high, and then about 365 days from then to reach the next top. If it follows this same timing, then we would expect price to breach $70k sometime around November of 2024, and then make a new cycle top toward the end of...
Hello all, some very influential analysts saying that we will reach an all time high in 2023. Others saying we will see a massive dump to new lows under $15.5k. Who will be right? Time will tell. But looking back at previous bull runs we see something interesting... Bitcoin tends to run off the lows to the 2M closing price, in this case that is just over $61k, and...
Ultra Bullish Ethereum outlook based on past cycles and price action. Obviously a ridiculously high projection. Only way this is possible is if Ethereum becomes the backbone of the entire world financial system, which it could.
Whenever G&S make a knee jerk reaction, it seems like price pretty quickly reverts back. Not trading this but would look for a short term short here.
Noticed something interesting in the #Bitcoin chart. We could see $80k quicker than we think.
A lot of people thinking Bitcoin follows some form of a logarithmic growth curve. That is very possible, but if you look at the chart of Apple stock we can see that it did as well for several decades before it actually broke out to the upside. I think it's very possible that some shift in world monetary policy, such as a currency or currencies being backed...
Bitcoin to almost a million dollars this next bull run? Laughable, maybe, but mathematically possible based off of Caretaker's Pi Cycle Indicator. Time will tell...
Price of median US home as a multiple of median US household income. Biggest bubble in over 35 years! Back to reality soon.
Stock market and Bitcoin forming descending broadening wedge, Bitcoin is also forming a falling wedge, both patterns have a target back to ATH's. 2023 should be an interesting year!
Price projection based mainly on two indicators: Pi Cycle Hi Low and LMACD, 10 day chart. The peak of the next top is predicted by the value of the LMACD when it reaches the downtrend resistance line, and the percentage gain off of the lows price will have reached based on previous bull cycle percentage changes when LMACD is at that value. Timing is indicated by...
Ethereum is an absolute beast. The Bitcoin maxi's are going to hate this idea, but the chart speaks for itself. I think there is a real possibility that not only does Ethereum flip Bitcoin, but it absolutely decimates it in terms of market cap. One can see that Ethereum is following the pattern of Bitcoin but it is growing more rapidly. The ETHBTC chart is also...
After studying the long term Bitcoin chart I noticed something... that during the optimism phase, or the early part of the bull run, price will ramp up finding support along a trendline. Price then, during the euphoria phase, will move up significantly higher than this trendline, but during the bear market it will eventually capitulate below this trendline before...
I wanted to post this to give some perspective, and to give some history of my experience with Bitcoin. I have spent so much time analyzing price, the charts, watching YouTubers trying to figure out which way price is headed. I bought and sold, bough and sold, bough and sold... over and over again only to lose money to trading fees and lost opportunity. In...
I think Bitcoin is going to see its final capitulation dump to the low $20 range sometime in 2022 and then continue on a new bull run into 2025. #Bitcoin
Looks like we may get a massive blow off top rally Q4 2021. The bars pattern is from last bull market.
Let the chart speak for itself. Nasdaq has broken the upper supply line of the channel it has been trending in for years, a lot of bull runs will see 3 phases: steady growth, acceleration, and then the blow off top. To me it looks like we're just getting into the acceleration phase. Call me crazy, but this party could just be getting started. Fundamentally, this...