It is the question on Everyones lips right now Where next for Bitcoin And there are so many options available to look at To start on the Bullish . The chart above is very dependant on PA still following previous cycle patterns and, if it is, then we still have a long way to go as we have only just entered the 4th section of a 4 year cycle. As you can see, ATH;s...
Bitcoin Gold trading pair PA heading towards 2.272 Fib extension line. This has been Support since Nov 2024 and is now a firm line of Support at 34.52 Ounces of Gold per Bitcoin Also about to hit 100 Daily SMA )( SMA ). This may also provide support just above the Fib line Since December, we have been seeing a Rise in Gold prices as demand escalates due to...
OTHERS crypto Market Cap Monthly candle colour close since 2014 OTHERS Crpyto Market Cap - Top 125 coins Minus top 10 by Market Dominance. OR, Mid Cap ALTS February stands out MIGHTILY in the otherwise very closely matched Months in the OTHERS ALT Market February is unique in the Lower Cap ALTS with a 4x higher chance of a GREEN candle close January 2025 closed...
Been posting the Bitcoin version of this for a while and so now, I expanded into the TOTAL CRYPTO MARKET CAP CANDLE CLOSE COLOUR on aMonthly chart January Closed GREEN February has 8 Green to 2 RED since 2014 Only 3 Green Feb candles after a Green January, which we just had Only 1 Red February after a Green January After those 3 Green Jan Feb candles, 2 Green...
January Candle closed GREEN after a RED December close. This now complicates issues greatly. Of the previous 7 Green January Candles, 3 were after a RED December We just created a 4th Green January after a RED December, which was the last December, 2024, current cycle. From those 3 previous occasions, 2 of those went to a RED February and the 3rd was a close call...
So, after 3 previous Rate cuts, the FED decides to Hold station and Keep rates as they are currently. This keeps Borrowing / repayment at the same level and as a result, the $ initially rose but soon lost all gains. Today, it is trying to come back. Bitcoin, however, Jumped the gun and made nearly 4%. As we can see from the last 3 years on the chart, Bitcoin...
I think there can be little doubt as to the fact that we ARE on the 5th Elliot wave and so an ABC correction should be expected. The question is how Deep will that go And we all know how hard that is to predict, Stupid to try and be to clever about it, even more so these days with times changing in Crypto world However, given market sentiment, I do not think it...
The one thing that has stunned me about Bitcoin is how the Traders Psychology remains consistent. Over periods of Time, while Bitcoin was well known or not, it repeats cycles like Clockwork. This is one of the things thats makes it so attractive. So, what makes me say this ? The main Chart has 2 components. The number of days PA takes from Low to ATH. We also...
As we approach the Christmas Holiday I thought I would just drop this in to read. The expected GREEN December began but the draw back over the last week or so have now turned the Monthly candle into a RED one. As it is right now, the Candle is a Mini imverted Hammer. Shoudl it close like this, there has only been ONE opccasion that December closed like...
Not many people Will like this idea, including me but as someone who will ALWAYS try and look to Both sides of possibilities that exist , technical and Macro, I am beginnign to think that the ALT seasons we have seen previously may become History. And in fact, some evidence of that already exists in the Way Some ALTS ran Hot right from the start, like INJ BUT,...
We had a lovely November Green candle close, as expected after the sequence mentioned last time I posted this chart, that seems to be following the 2013 - 2017 BTC Fractal. But whats coming in December then ? To date, we have had 7 Green December closes, to 6 Red Of those Red candles, only 2 were Red after a Green November. and they were in 2013 and 2014 and that...
Nearly Everyone looks to BTC.D to judge when ALT season starts, and while it is obviously Not wrong to do so, I have Looked at OTHERS.D for a while. alongside BTC.D And this is what I find. But first, a little History lesson. Bitcoin began in 2008 and was obviously The only one. The First ALT coins were mined in 2011 and included LITECOIN and NAMECOIN. ETHERIUM...
If you have been following my posts, you will know that I am a firm believer that we are following the 2013 - 2017 ATH Fractal. Only problem is, The 2017 Top was NOT a Double Top. But if we look at the fractal closely, we can see how this could happen and I will do this in another post shortly. For now, there are other pointers to suggest we maybe about to repeat...
Something to REALLY think about Where will BTC Turn longterm BEARISH after the 2025 TOP This chart shows you Long Term resistance lines, lower bold from 2013 and acts as the Border line, the gateway to ATH. Once crossed and Held...Off we go Upper bold Trendliner in Newer from 2017 ATH and has rejecting PA off ATH everytime since Once in channel, it is only...
It is the weirdest thing but one day, there I was, playing with Monthly charts, I noticed a line where JANUARY was and so I drew it And this is what I Got. Every time PA goes over, we are at the "TOP" - We even remained over that line for a year in 2021 but I do not consider that first ATH the real one. It was caused by more publicity and FOMO than ever before....
I have been posting about this 2013 to 2017 ATH Fractal for about 2 years now and it is Still following on very Nicely. PA fell below in 2022 due to the pressure from the {Pressure on Crypto from the USA and the following Collapse of LUNA and then FTX But PA caught back on in Jan 2023 and we have pretty well been on the fractal since then. There are a number of...
Lots of evidence points towards current PA following the 2013 - 2017 Fractal including Aug, Sep, Oct Monthly Candle close colours for 2023 and 2024. identical to those of 2015 and 2016 - as has been posted here on TV Also as can be seen on chart, the day count between ATH's The 1st ATH in March 2021 was NOT the real one and was a result of Sudden publicity...
First, OCTOBER IS THE FIRST MONTH INTO DOUBLE FIGURES AS A GREEN CANDLE CLOSE SINCE 2011 - 10 Octobers in the last 14 years - Pretty good average ;-) So -> The Arrows -> We have only ever seen a RED August followed by a GREEN Sep and October on 3 previous occasions. 2015 & 2016 and then again in 2023 and just now , in 2024 makes the 4th. To me, this backs up the...