Golden Pocket on Bitcoin Weekly TimeframeIf we break the rising trend we are on in the weekly timeframe and close the candle below, the GOLDEN POCKET area that will welcome us is very clear. (Don't be afraid.)
BLX trade ideas
BLX - Big RunA suggestion of large bull continuation coming
The curves are exactly the same and sort of act as a cup and handle
Supporting my previous idea of a run to 700K which is what I will link below
#Bitcoin #BTC #BTCUSD Are We There Yet? A Year LaterThe question on everyone's lips, are we there yet? Is the #BearMarket bottom in?
Almost 1 year ago to the day I shared my Bitcoin bottoms up idea:
Which used Ben Cowen's risk indicator to indicate the bottom or top of the Bitcoin market waves.
The theory for using this indicator is as follows:
1. Bottoms must be below 0.20
2. Tops must be over 0.85
3. Anything below 0.60 but over 0.20 is accumulation
As you can see the indicator called the following tops and bottoms:
2011 Bear Market Bottom
2013 Bull Market Top
2015 Bear Market Bottom
2017 Bull Market Top
2018 Bear Market Bottom
2020 Covid-19 Crash Bottom (Black Swan Event)
2021 Bull Market Top
That means that this theory of use for the indicator has correctly identified every significant bottom or top since 2011 apart from the November 2021 blow off.
While the November 2021 blow off top is not completely insignificant many do not count this as the top from a technical point of view and there are a host of valid reasons for that.
If we take a look to the present day we can see that between the end of June and October 2022 the indicator dropped below 0.20, which begs the question, was that the bottom?
I have marked 14th November 2022 as the possible bottom and there are strong indications that this is the case. However, what we must remember is the wider picture and the likely recession that is incoming (Bitcoin has never experienced a recession so will be unprecedented times).
I therefore believe we will see an accumulation phase, without breaking above the 0.60 level before returning back down for one final plummet to put in a further low (in much the same way we put in a higher high after the top was called in late 2021).
For me the sensible play is to allow the time to pass more before entering the market, as mentioned these are unprecedented times, with the Ukraine/Russia war and looming recession. The risk of further lows is far higher than the possible risk of not catching the exact bottom price in my opinion. Having said that if you did enter around 15.5, and I know some who did, you cannot say it was a bad move at all.
Let me know what you think
Everyone thinks the Bullmarket is BACK! ... but it isn't.BTC DOUBLE topped for the first time in its history. People expect there to only be ONE downtrend from the top... well reality is about to hit the bulls hard when the yield curve un-inverts and rates get cut. Don't believe me? Research those concepts for yourself and make a decision. It's different this time. You've been warned.
BTCUSD - Run to 700KAn idea for BTCUSD showing extreme growth during a strong bull market
this is an extension to 2.618 of the previous rally's bear market
Large continuation pattern
Bitcoin is so bullishBitcoin appears to have entered a bull market phase, which is characterized by an upward trend in prices over an extended period. While some traders may be focused on short-term gains, it is important to remember that in bull markets, the best strategy is often to hold onto your investments for the long term.
Short-term trading can be tempting, but it can also be risky. In a bull market, prices can be volatile and unpredictable, making it difficult to accurately time trades and exit at the right moment. Additionally, short-term traders are more susceptible to market fluctuations and can be easily shaken out of their positions by sudden drops in price.
On the other hand, investors who hold onto their Bitcoin for the long term are more likely to see consistent gains over time. While there may be some fluctuations in price, these are generally smoothed out over the long term, allowing investors to benefit from the overall upward trend in the market.
Of course, this does not mean that long-term investors should simply hold onto their Bitcoin without paying attention to market conditions. It is still important to monitor the market and make informed decisions about when to buy or sell. However, the focus should be on the long-term trends rather than short-term gains.
In conclusion, it is my belief that Bitcoin has entered a bull market and that investors who hold onto their investments for the long term are likely to see consistent gains over time. While short-term trading can be tempting, it is important to remember that in bull markets, the best strategy is often to hold onto your investments and ride out any fluctuations in price. As always, investors should carefully monitor market conditions and make informed decisions based on their own risk tolerance and investment goals.
Bitcoin FULL EW Model 🎯 🎯🎯BITSTAMP:BTCUSD
The PROOF is in the PUDDING
Beauty and the Beast
Its ALL in the charts, accurately nailing targets on BOTH sides, TOP & BOTTOM
Try find a TA on TV, YT or CT who has been THIS accurate
If you can't handle the bearish targets during correction, it means you ain't a true trader and don't got the guts or the balls.
Real traders bank profits on BOTH sides of the trade, not just during 'up-only' (so many got caught off-guard uptop above 60k yelling BTC 100k while the signals were all clearly there for over a month, just like during pre-may dump).
1 last & final leg missing to this beautiful beast, and if/when she starts to drip, sooooo many cryptomaniacs are going to be completely mind-blown & surprised
If you read this and saw my chart, then you now know what to be looking out for.
Good Luck
Bitcoin LongTerm Systematic Trade SetupBitcoin LongTerm Systematic Trade Setup
Max Drawdown Less than 25%
This is Systematic Trade Setup for Long-Term Investment (Months-Years)
We uses the Trend Based Fib Time tool along with Bitcoin fundamentals.
The maximum drawdown is under 25%, and both the long and short positions are based on macroeconomic data.
Back Test Stats (2019-2022)
Trade: 5
Win: 5
Lose: 0
Profit: 983%
The best Long position is the day that Bitcoin halved (May 2024 + Fib 2.618)
Profit: 559%
Why are you taking so much Stress?😉So I don't really see a lot of people talking about this on the Internet. Bob Loukas was the first who actually made a very Bold Statement that "Bitcoin usually follows a Three Year Bull Market Phase and then a Devastating Bear Market in the Final Fourth Year"
I have linked his Original vid in the end of this. Also except that 2010 Year if you just count BLX Chart on a Yearly Basis you can see how beautifully things have played for this Asset class. Now yes there will be a lot of No-Sayers about that Cycle doesn't work but just look at the Charts and see for yourself. Humans can lie at times, but Prices don't lie and it is clearly evident for your reference.
If we go by this Model (which has worked Three Times very accurately) the current low is at 15500k and this will be the final low, now it remains to be seen if we test that Dec lows of 2022 again. But even then Prices should not fall below 15,500 level.
According to this Model 2025 will be the final year of any Bullish Upside Momentum. We will see a lot more Optimistic Sentiment at that time right when the Top will occur. But for now i think we will continue Making Higher Highs and all that Nonsense Stuff...
Plus also it is much, much better to have a Swing Trading Approach so that you aren't just constantly Glued to Prices. Let's be Honest Trading can be a very challenging job plus it puts a lot of pressure on your Health, your own body to be right on every instance as I myself have tried in the past...
Listen, if you still want to Trade that is Perfectly fine even I do take occasionally Trades if I see any OPPORTUNITIES but have a Separate Account for that. "Grass is not always Greener" especially a lot of Fake Trading Gurus will tell you 'Buy my Freakin Course' 'Learn about this Crazy Indicator Setting', Trust me none of that will work. The Only thing works here is Having Patience, Believing in Yourself, Doing that Boring Thing, Learning and most importantly respecting the concept of Risk Management, Not having Emotional Attachment towards your Portfolio and also your Psychology I would say. Anyways if you have any questions regarding this let me know I will be more than happy to help you so that a lot of you could take advantage of this knowledge and won't mess unlike Previous Bear Market Rallies because Bear Market Rallies are Hard to catch and they do fool a lot of people if you been here in Trading/Investing you already know how Sharp they are. And thank you for reading all of this😊
Bob Loukas Original Vid Link : youtu.be
Expectations VS RealityReality is almost always a perfect inversion of common expectations when it comes to markets.
Bitcoin market cycles leading into 2025Here it is crypto fam. Here we have the market cycles for Bitcoin and in color. We begin with the year of the bull run then we have the bearmarket year then the year that no one likes which is the year of Pain. After pain we have the famous and most anticipated Bitcoin halving year then the most exciting time in crypto is the Bullrun year. We have had three of these cycles already and the fourth is coming upon us soon. Before we have fun though we will be going through the year of Pain this year because even though Bitcoin is climbimg beautifully now we are expecting another test to the bottom which we call Pain. The year of the halving in 2024 will be a great time to buy up your favorite projects and then when 2025 comes we have a beautiful Christmas.
45-48k Target, by May/July.Thinking echo bubble top plays out similar to previous cycle..
No guarantees of course..
My upside target is 45-48k my may/july this year..
As you can see, fib speed fan 0.75, 0.618 horizontal fib, and 0.75 time based fib all intersect and mark the local top.
The 0.5 is positioned where the bottom formed. The exact amount of time that it took from the 2017 top to the 2018 bottom, is repeated this cycle. 52 weeks.
Brave New Coin Bullish Target UpdateWith allot of overhead resistance forecasted it is fair to assume the next target to fall between $36500 & $39000 before we push onto $49500?
Note : all target based on PnF chart calculations!
Brave New Coin Bullish TargetsI find these charts very satisfying to the eye although working on round numbers most of the time!
Note the updates are somewhat delayed so cannot be relied upon in real time.
Predicting Bitcoin tops and bottoms using halving dates.I thought I will share with you what I found out. Apparently by measuring time from the halving you can more or less guess the bitcoin tops and bottoms and/or correction or dead cat bounce to safely sell what you got. This is not going to show you perfectly where to sell and where to buy but it is not for that, this is to help long term traders when to scale in and scale out of the market, regardless of the price. It can be hard, as you know everyone at the top screams for higher targets and at the bottom for lower. I hope this will help you out. And feel free to do a different measure of your own, Just put halving dates and start from there. Thanks!
Bitcoin next 4 year cycle top October 2025 $BTCBNC:BLX
Both the current bear market top to bottom and previous bear market is within the same timeframe within a 2 week candle. Both the last 2 bull markets lasted the same time within 2 weeks. Nearly eactly 50% through each bull market was the top of an automatic rally (Wyckoff AR) or key pivot RH3. This would put the top of the next automatic rally at May 2024 and the end of the bull market at Mid Oct 2025 4 year cycle
January BTC Analysis is playing out nicely so far for bulls.
If this monthly can close above the 27k handle, it will signal a very strong position for bulls. If you are unaware of how important January price action is, check out this nifty chart I made. Also listen to the streams we did at the beginning of February to hear some rants about it. The pink arrow is showing the current upside piercing attempt. The green arrows show the previous instances. The tables on the bottom show performance of all piercings, up and down. We are at the cusp of flipping into a bullish regime for crypto. Lets keep that popcorn out and see if they can confirm it on the highest of time frames.
Happy trading!
Time based fibs and historic trend lines predict $1M $BTC EOYTime based fibs and historic trend lines that have predicted every CRYPTOCAP:BTC top in its lifetime predict $1M CRYPTOCAP:BTC by November/December.
It is what it is.
Bitcoin time analysis cycle based on machine learningcycle Analysis this Should Happen in the Coming Years i will update it every week until the cycle in black color end good luck .
Rule No1. Law of Rythm $777
"Understanding the Law of Rhythm in trading means recognizing the natural ebb and flow of the markets. By adapting to the different cycles, traders can make more informed decisions and increase their chances of success. It's not just only about 'what goes up must come down' - it's about timing and strategy. #TradingTips #MarketCycles"
The Law of Rhythm is a trading law that states that the market moves in a rhythmic pattern, alternating between periods of expansion and contraction. This law suggests that markets, just like nature, have a natural ebb and flow.
According to the Law of Rhythm, traders should pay close attention to the current market cycle and adjust their trading strategies accordingly. This means that traders should be aware of the different stages of the market, such as the accumulation phase, markup phase, distribution phase, and markdown phase.
By understanding the Law of Rhythm and the various stages of the market, traders can make more informed trading decisions. For example, during the accumulation phase, traders may want to look for oversold securities that are likely to increase in value during the markup phase. Similarly, during the distribution phase, traders may want to consider short-selling overbought securities that are likely to decline in value during the markdown phase.
Overall, the Law of Rhythm emphasizes the importance of understanding the natural cycles of the market and using this knowledge to make more profitable trades.
In a Blackswan Event, I expect Bitcoin $ 777
💲BITCOIN💲 And its power of multiplication in a bull market!Hi guys, today I'm going to bring here some of my BITCOIN reading from a long-term perspective!
To be clearer with friends, we will only use an indicator called TSI = (True Strength Index)
And the Price of the asset illustrated by a bar chart.
See that whenever the price manages to have enough strength to make the TSI cross upwards, we have the beginning of a bull market.
It is clear that we have a lot of bad news in the market, and a lot of fear as well, but I must remember that good news reflects an already high price.
This bullish crossover is clear as daylight here and serves as a wake-up call for bears.
The more you deny a possible Bull Market, the further behind you will be!
In previous studies we also commented on how the Fibonacci time cycle, when plotted between each BTC miners reward break, indicated a buy window from the 0.618 point, these points were successful in the last bull cycles.
Knowing this, we have strong indications that the price may have marked a relevant bottom to start the next bull run 🚀.
So look at the power of multiplication that BTC has even without leverage, it's something amazing!
BTC in these last crossings would manage to multiply its capital by more than 230x to the peak of 2013, by more than 65x by the peak of 2017, and by more than 14x by the peak of 2021.
The question that remains is how many times do you think BTC will multiply now? Leave your opinion here in the comments!
Thank you for reading and I hope I have contributed, good trades!
Att: Leandro Sander.
🔴Disclaimer: The comments above reflect solely and exclusively my opinion, this is not a recommendation to buy or sell. Just a series of published studies, so that with the community we can discuss tactics and operational techniques.
Why would this time be different?The pattern is simple:
1. Top
2. Bear trend
3. Bullish pattern reversal breakout strongly
4. Retest (2015) or not (2019)
5. Consolidation
6. Echo Rally to 0.5 Fib
7. Decline and prepare for the base for the next halvening
Why would this time be different whilst we are at the consolidation phase in this cycle. Worst case scnenario restest of the base. I previously said 36k is a magnet. It is. That's the target of the iC&H that confirmed.
Now 42k is also a magnet.
The 30/120 EMA Bitcoin weekly chartTake a look at the chart.
This is using my own indicator that combines 2 EMA and gives it the best time to buy Bitcoin between the Green and Red Vertical lines as the 30 EMA crossed with the 120 EMA.
30 EMA Red
120 EMA GREEN
What can data can we gather from this chart:
1# Once the price is above the 120 EMA (GREEN) BITCOIN goes on a major Rally
2# The 30 EMA crossing beneath the 120 EMA marks the bottom for the cycle
3# Between the 2 crosses is the best time in the cycle to buy Bitcoin and take leverage
This indicator shows that the bottom has been reached and from now on Bitcoin will a bull run.
One thing we have to consider is that we usually test the 120 EMA (Green ) for a month before we break above it with a significant pump.
