In this video we lay out our short and long-term forecast for the entirety of 2024 Crypto Summer and beyond. Also, we do a little review and take a look at how our forecast stacked up against the eventful 2023 Crypto Spring. As always please feel free to leave your thoughts and ideas in the comments and thanks for watching!
Another major bearish signal has flashed. All 6 moving averages have crossed both the Bull Market Open Price and Point Of Control. As we mentioned earlier this year, this usually signals the beginning of a short-term bearish trend up until the halving. Watch to find out more!
Every wonder why Bitcoins price seems to always go up over the long run? In this Video we examine the mechanism that continuously drives the price higher and higher from cycle to cycle. There are 2 parts to this pumping mechanism, part 1 before the halving and part 2 after the halving. Let's take a closer look!
Bitcoin has surpassed the Future Halving Price before the end of Crypto Spring. As we stated in our previous video, if this happens we will be short-term bearish on Bitcoin. Historically when this happens, the likelihood of a Mini-Bear Market or prolonged downwards price trend is very high! What are your thoughts? Let me know in the comments and thanks for watching!
In this video we discuss the Bitcoin forecast as we finish out the rest of the year (Crypto Spring). We are keeping an eye on the triangular area between the Maximum Halving High Pressure Zone and the Future Halving Price Line and the potential that bitcoin could meet significant downwards pressure in this area. Also, we're looking at the 365 Day Moving Average,...
The current position of all patterns (with the exception of the Cumulus Triangles) are not set in stone. The patterns can extend across many different price and time ranges at any given point in time. The current positions are default locations determined by analyzing the historical average position were each pattern occurred across all cycles. We currently have...
In a bull market, this blue horizontal line represents the lowest closing price between the point after all 6 MA's moved below the point of control and the point where all 6 MA's were no longer below the point of control. This pattern has happened 3 other times in bitcoins history (2011, 2012, 2020, and now in 2023) but has not happened every...
Bitcoin usually surpasses the future halving price in crypto Autumn. Shortly there after we usually start to see alt coins ripping higher at different points throughout the season, all the way up to even early crypto Winter. On this chart I have a few of those OG alt coins (XRP, DOGE & LTC) compared to Bitcoin. The green dashed vertical lines are the points where...
In this video I explain the current state of the Bitcoin market as seen through the lens of the latest pattern found in the forecast model, "The Lightning Volume". The Federal Reserves interest rate policy continues to create considerable headwinds for the Bitcoin price. When could it end? Watch this video and let me know your thoughts? Thanks for watching!
In times of extreme FOMO the Bitcoin Market can be an emotionally challenging place. The Crypto Weather Channel's Forecast Model (The Jet stream) spins out yet another price pattern in the Bitcoin chart to help us navigate these times. Also, a few additional price targets will be established as we approach this moment. No one but The Crypto Weather Channel is...
Imagine a world, where The Crypto Weather Channel had its own bank. That bank stored a large amount of its capital reserves in Bitcoin at the start of the Bull Market. This is what that would look like. #Long Take Profit: $66,442 (5th Halving Price) Entry: $26,976 (CAT 1 Price) Stop Loss: $15,473 (Market Cycle Low)
"Cumulus Triangles" are new Bitcoin chart patterns developed exclusively by The Crypto Weather Channel to help identify the trading range of bitcoin between the start of the first Bull market and the Halving. Have no idea where Bitcoin is going next? We've got you covered, all the way up until the Halving event! Thanks for watching.
In this video we explain a new item we found in the chart which we call the "Halving High Pressure zone". As we approach the halving date there is ever increasing downwards pressure on the bitcoin price. After the halving, as we move away from the halving date this downwards pressure decreases which results in upwards price movement. Could this be half the answer...
In this video we examine what happens after a Bitcoin bull market fully matures and stabilizes. We also explore the relationship between the timing of bull market maturity and the future halving price, and how this relationship may affect the price action moving forward. Thanks for watching!
The bull markets of 2011 and 2019, which developed in early Crypto Spring, produced an explosive move to the upside heading into the second quarter of the year. In this video we briefly take a look at these moves and other possible scenarios. The "pillars " drawn here in ever Crypto Spring run from April 1st to October 1st on the horizontal axes and 50% above the...
In this video we dive into the micro scale price action for Bitcoin over the next 3 Months. Starting off with a glimpse at the price forecast for the entire year of 2023, we examine why think Bitcoin will surpass $36,000 in the first half of the year.
I have officially decided to update our long-term price projection for Bitcoin. A major key change is the elimination of the mini-bull market. Instead we are expecting the current bull market to develop into a major bull market. There is also a very high likelihood that this will be the only bull market for the 4th cycle. In this video we partially stepped outside...
We all lose because we all follow. The only winner is the shepherd watching the herd. -The Crypto Weather Channel