The chart speaks for itself. A simple comparison of BTCUSD and SPY from bull top to the end of April (2019 vs 2023). Expecting 2 months of face-melting gains with two significant pullbacks. Then a long downtrend (possible Black Swan) into March 2024 when the real bull market begins. DYOR. History may rhyme but never repeats. Lower 20k regions are always in...
Latest update of an X-axis chart. Prices labeled for all cycle tops and bottoms. Dates marked for tops, bottoms and halvings. Could easily see a 2x of previous ATH in 2025. Expecting slow trend upward with volatility increasing into the halving/ Fed pivot, then a parabolic 5-wave run up above 100k in 2025. This version also includes time measurements of...
Nice breakout of long term supply line. MACD bearish on the 1hour, expecting a pull back to the trend line to confirm the breakout, and then a very nice move upward.
RIOT is a BitCoin mining company so the price closely follows bitcoin in most cases, but the added valuation and specualtion, in addition to the accessibility to standard markets, makes RIOT a great proxy so long as the reversal we're seeing on this chart continues. Nice break to the upside. Let's see if we can hold support.
Triangle patterns breaking to the downside. We see it all over YouTube but somehow the price predictions are always off. My Thesis: Wyckoff accumulation/distribution. Phase B in the Horizontal Range. If this is a sub-fractal in the middle of a larger Wyckoff cycle, we could end this with a violent move to the original selling climax followed by an even more...