In all previous cycles, breaking the previous 100 WMA ATH has always marked the start of a new bull run. We have just crossed it! Buckle up for the bull run!🚀
For your ultimate fractal, let's compare previous cycles from the halving date. Comparing previous bull runs from the havling date, the next top will occur between Feb 24 and Sep 22, 2025, at a top price of around $350k to $5.9M. Similarly, the next bottom will be between Oct 12 and Nov 16, 2026, at a low price of $100K to $1.22M.
Let's compare the cycles. They are darn similar, I'd say.
Bitcoin has never had more than six consecutive green months until now! We are now in the first seventh consecutive green month. Will we break the records? Is this bull run different?
We are into the 6th green candle month. The only other time Bitcoin had 6 consecutive green months was the first price run-up in the last bull run. That was the peak of the FOMO, and yet, this time, normies don't seem to care.
History doesn't repeat itself but it rhymes. Only time will tell.
This is my take on Bob Loukas' lastest video on BTC cycles. youtu.be
On log scale, the monthly candles look to be repeating the COVID Will history repeat itself?
Ready Set Crypto Trend Trading Back-testing Strategy v1.0 This is a backtesting strategy for those who are familiar with Doc Severson's (Ready Set Crypto) Trend Trading Class offered at Ready Set Crypto . It is published with permission. I highly recommend that you attend the class to understand this strategy and use this to your advantage. There is way more...
Ready Set Crypto Trend Trading Indicator 2.1 This indicator combines 4 indicators as one indicator (assuming you are looking the daily chart): An Upper Donchian Channel of 20 days (default) or more, used to indicate buy signals A Lower Donchian Channel of 10 days (default) or more, used to indicate exit signals A 50 day Simple Moving Average (for entry...
BB buy and sell zones are in vertical shades with RSI indicator as the confirmation signal (above and below the 95 and 5 lines.)