I'm not gonna lie but moon cycles are crazy, last correction was two moon cycles and the pump was two cycles.
This correction coming into its end of the second moon cycle..
Can't make this shit up...๐
#crypto
#btc
Nothing about this bull market screams overbought to me..
At current trajectory $btc will top later on this year between 90-130k..
The green was your chance to load up..
#crypto
$btc
Phase 1 of the $btc bull market is complete but people in denial.
So far, 5 months in phase 2 and a right hand cycle would state that
#btc
spends another 4 to 5 months in Phase 3 and 4 leading to a top in 2025...
I on the other hand expect a shorter phase 3 and 4 and a top late
Will this indicator nail the top again for $btc and prove 2024 will be the macro top of this cycle and not 2025 as many people are projecting...
#crypto
#btc
Can you imagine the wild ride that
#Bitcoin
is going to take in 2023?
Just picture the absolute astonishment when it hits an all-time high before the halving!
#crypto
#btc
From June 2023 until early 2024 $alts did on average a 5x-10x and some way more...
That was with a 73% move up in $others vs $btc..
The next leg in wave 3 should go up at least 150% in $others vs
#btc
so what makes you think
#alts
are dead...
Invalidation below the red line...
So every major fib level has been respected on this $btc chart and I don't see why the next level up won't be hit at around $102k..
And then the rug will be pulled, stay prepared...
#crypto
#btc
I said many months ago that this could be the major 4th which was what I was leaning to...
Now the big accounts are talking about this...
One wave to go.. Top by Sep-Oct 2024
#btc
#crypto
Enough time has passed that the red line is now around $87k..
If this is a wave 3 then price should pull back from the red band area once it gets there.
If this is the final wave 5 then price will surpass it and the end will be months away.
#crypto
#btc
While everyone is bearish when this correction reverses $btc will get to $95-109k
I don't care what the doomsayers say.. The plan remains the same..
#crypto
Here is my $alt chart which I will go through in more detail in my next video update...
Invalidation of this idea is below the red line...
If this works out.. We moon, crash then moon...
#crypto
#btc
$alts
This is as easy as I can make an ALT vs $BTC chart for you..
Blue = $alts
Orange =
#BTC
We are at probably at the '2' for $alts and the '4' for $btc. Make sure you're out by the 'B' wave for $btc.
#crypto
Significant.
#Bitcoin
has only seen blow-off tops after breakouts against M1 money supply.
And the longer it's consolidated, the longer it's run.
This breakout follows the longest consolidation yet.
So the first move was roughly a 5-10x on some major
#alts
..
What do you think the next move will be..
Please use your brains when I say a correction is coming in the future after another potential 10x in
#alts
.
In this last $btc leg you will witness the blow off top that was missing in 2021..
Then when it ends you will be like..
"Oh ye.. now it makes sense the 2018 cycle has just finished.."
#crypto
#btc
Another way to measure the wave 5 target is to get a 0.618 extension of wave 3 which comes to $103k.
Very close to my local target of $108k..
#crypto
#btc
This is an even more bullish scenario for $alts, make sure to sell the end of this wave because the next pull back will be brutal.
This count still has us in wave 1..
#crypto
#alts
I don't day trade so if you do then this is not for you....
20 Monthly MA has been respected so far.... I believe we are in wave 4 as it has many similarities to wave 2 back in 2020.
Lose the the MA then we can say an extended correction is coming...$37k approx..
$btc
#crypto
So this is a $btc Elliot wave count that I started last year..
Key notes - Orange = major waves and white = minor.
1. Sustained break below $60k and we are in the major 4th now as opposed to the minor wave 4.
2. Some analysts are counting this as an ABC instead of a 1 to 5, so
Ladies and gentlemen this is not a drill,
$btc is getting dangerously close to its pump mission to new all time highs.
Added the 0.886 to give the bears one last hope of a pull back.
Monthly close above and its over for them.
#crypto
#btc
Yes $alts have retraced on average 88.6% vs $btc..
But what do you expect from a wave 2 correction...
Don't give up just before wave 3 starts and fomo in at the top again...
One last chart before I go and play some football. This is for long term hodlers.
Monthly hidden bull div on stoch rsi indicates trend continuation and a beautiful q4.
#trading
#btc
#crypto
Still the same plan and after the SFP at $59k $btc is rejecting the key area at $65.4k.
Still will see some choppy price action but the foundations are being prepared for the pump..
#crypto
#btc
I consulted my quant and he told me this for $btc
Conservative Targets:
$75,158
$82,574
Moderate Targets:
$87,000
$99,000
Aggressive Targets:
$106,158
$125,574
$others/
#btc
looking good for the bounce.
Added a volume profile and looking for this big wave 3 to start soon as $btc makes its final low..
#crypto
$alts
Although I do like Elliot Wave and use them a lot in my analysis...
Price levels are more important to me and that will tell me when to sell and take profits..
For $alts against $btc I will take profits around the blue line..
#crypto
#btc
Ultimate target for this leg up for $btc will be between $95k to $109k..
$82k will also be a significant resistance.
Could happen by June but we will have to see how it plays out.
#crypto
#btc
Started looking into $btc.d a bit more.
A few daily closes below 55.9% and I think its over for dominance.
However, if 55.9% becomes support then the next level is 60.7%.
#crypto
#btc
Another reason we may only have one more major leg up is that the SOPR indicator normally flashes red one move before the end..
Don't let your bias blind you from different possibilities..
#crypto
#btc