We’ve experienced significant red weeks recently, but it seems the market just had a fakeout below the channel followed by a swift recovery. I believe we’ve bottomed out and that we could eventually hit the 4.236 Fib level. Notably, this aligns with the 1 Fib level if you project the high from March to the low in September. This double confluence could potentially...
Bitcoin recently completed a 7.5-month correction from Primary Wave 1 to Primary Wave 2. This lengthy consolidation phase has set the stage for a strong impulsive move in Primary Wave 3. It is unlikely that we are nearing the end of Wave 3 given the recent correction. Instead, Wave 3 appears to be in its middle stages, with significant upside potential. Key...
This chart outlines an advanced Elliott Wave structure within a parallel channel. We've seen the first clear 5-wave impulse move (1-5) followed by corrective waves (A-B-C-D-E), retracing to the golden 0.786 Fib level (E)—an area of strong confluence. 📈 The price continues to respect the channel boundaries, suggesting a high-probability wave 3 extension forming on...
According to previous cycles in Elliott Wave theory, Wave 1 spanned about 150 days (now complete), and Wave 2 lasted roughly the same duration (also complete). This leads me to believe we are currently in the middle of Wave 3. According to Elliott Wave theory, Wave 3 is typically the most violent. Based on historical patterns, this wave could conclude before...
This year, I am focused on developing as many metrics as possible to track the altcoin market. In that regard, I’d like to share my latest chart: "BTC.D/Others.D on the 1M timeframe." The idea is that BTC.D will drop below the Fibonacci 0.382 level and eventually reach 0.5 FIB. Each Fib-line on the chart represents the beginning and end of what is often referred...
When I made the first post about this chart, it was primarily to highlight that we were about to break out, and shortly after, we did exactly that. However, I didn’t do a good enough job explaining my thoughts on a potential top or providing a clear selling signal. So, here’s an updated chart with confluence from the last cycle. My ideal selling zone is between...
I received a request to update my BTC.D outlook, so here it is: We crossed my green support line much sooner than expected, prompting me to update the simple line into a more detailed channel. While this might suggest we’ve broken the support, I still believe we’re in an uptrend overall. I’m watching for a bounce off the 25% dotted line within the channel, which...
This chart represents Bitcoin (BTC) dominance, illustrating the historical and potential future market trends where altcoins experience a notable surge, commonly referred to as "alt season." This phenomenon occurs when Bitcoin's dominance wanes, leading investors to explore new projects and allocate funds into altcoins and memecoins. Historically, after...
The OTHERS.D dominance chart is presenting a compelling opportunity as it currently bounces off the lower bounds of a long-term ascending channel. Historically, these levels have acted as strong areas of support, and the confluence with Fibonacci retracement levels reinforces the bullish outlook. Based on the structure, I’m anticipating a move towards the Fib 1...
OTHERS/BTC Analysis Forgot to take my schizophrenia meds today, and the voices tell me we are just around the timeframe for a breakout in the downward narrowing wedge for OTHERS/BTCUSD. Fibonacci timing suggests that we are within the timing band for a breakout in favor of $OTHERS. Following the 33.5° trend angle and the falling channel, we intercept Q4 2024,...
📊 Others.D/BTC.D: The Battle of Bitcoin vs. Altcoins 🔄 This historical 1W line chart highlights the ongoing tug-of-war between Bitcoin and altcoins' dominance. The dominance ratio has shifted up-down-up-down within a long-term channel, with a notable fakeout below the 0.5 Fib level in Oct/Nov. This fakeout coincided with a touch of the bottom channel, signaling...
📉 USDT.D/USDT Market Cap Analysis 📊 This chart highlights 5 key steps in crypto market sentiment shifts over time: 1️⃣ New Year 2018: The first major bottom occurred at the peak of the 2017 bull run. As the bear market started, USDT demand surged as investors fled to safety. 2️⃣ Start of 2021: Another significant drop in USDT dominance aligned with the...
This inverted USDT dominance chart mirrors Bitcoin's price action. Recently, USDT dominance has broken out, but it's currently battling with the 200-day moving average (blue line). My projection is that after November 5, we'll see a breakout, potentially pushing USDT dominance down to around 3.3% in Q1 2025. Given USDT's $120B market cap, a drop from 5.2% to 3.3%...
The inverted USDT.D chart has broken out of the white resistance trend and is currently just below the 0.786 Fib level. I believe we will remain below this level during a dip next week, then continue upward after December 4th. Following that, I expect we will grind up the channel until we reach the 1.0 Fib level at 1.56%, just before the 50% dotted lines intersect...
A few days ago, I posted my bold BTC prediction, which is much higher and quite different from the mainstream narrative on CT, forums, and some groups. Now, I'd like to share my Altcoin prediction as well, to demonstrate that I stand by it and to outline my goals as early as possible—not just a weeks beforehand. My prediction is that we are at late stages in a...
Insane prediction, but I want to post it to show that I stand behind it. Long story short, I believe BTC had an ICL (Intermediate Cycle Low) in the first week of September, which sets us up for a DCL (Daily Cycle Low) at the start of November (based on cycle theory). I believe we will break $100K this week, with a HCL (Half Cycle Low) around December 4th, an HCH...
The chart analysis indicates a bullish trend for altcoins and memecoins up until December 1st, supported by the anticipation of rate cuts in September. This aligns with the concept of left-translated cycles, where market cycles peak earlier. Investors should prepare for potential significant gains but remain cautious of the inherent volatility in the crypto market.
The chart shows the price action of Bitcoin (BTC) against the US Dollar (USDT) over a period from early 2024 to late 2025. Key observations include: Uptrend and Consolidation: The price experienced a strong uptrend from early 2024, marked by a series of higher highs and higher lows. This uptrend was followed by a consolidation phase, where the price formed a...