So many people are super afraid of last month's close on bitcoin as it was a bearish engulfing. But when we look at a very consistent indicator like the Super trend, it actually says to buy. 2012 signal = 16652% 2016 signal = 2752% 2019 signal = 414%
If you have been following a crypto influencer who makes calls since 2020-2021 and you’ve never made a 5x return on an investment from that influencer’s idea
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The only way you and I are gonna make wealth in the coming mega bull for Altcoins is by another person buying from us. You must choose now: -Are you gonna be the guy that buys from us holders later? OR -Are you gonna hold through these tough times and sell to the no-coiner later?
Just in case you are wondering what i mean by entering wave 3 and what it could mean for BTC price, here's a chart to help. yeah, wave 3 would mean that btc goes at least to 77k and if we can extend wave 5, that would be in the 80s and potentially 90s.
I'm not saying that this will definitely happen. It's just to give you an idea of how big this can be
Good morning ladies and gentlemen. BTC weekly and 3day stochastic are undervalued Translation: Even if we do get a drop on the intraday, that will not take out the looming rally that is to come. 🥰
If this cycle is truly the last parabola before major major correction in the financial markets, then it will take guts to hold through the turbulence.
According to Samuel benner, we will rally till late 2025 - early 2026. In his chart, there’s no major correction before this.
USDTD FINAL BOTTOM AND BTC|ALTS FINAL TOP (so what i will do next year or whatevertime we do have the explosive bull phase on btc and alts is watch to see where usdtD will be whenever btc reaches some key fib levels). This 2.618(1.7%) shown here on usdtD is where you must run and don't look back if usdtD ever goes down there. Currently i'm thinking we are gonna range for quite sometime to be honest but ofcourse, i will be sending intraday forecasts still. if anything changes in these macro outlooks, i'll be sure to update but until then.. have a nice weekend and see you on monday!
So by the parabola, one could make a very strong case to suggest that btc fills all these levels outlined in the chart. folks.. this actually means there's a good chance btc goes to 155k which can extend to 260(ish) lol. alts would go crazy in such a scenario! However, note that if we do find ourselves in such a rally, we will be watching to see where the big pull back comes from. -if pull back from 2.618 (155k), it will most likely come back to 1.618(100k) and top at 4.618 (260k) -if pull back from 1.618(100k), it will most likely come back to 0.786(higher 50k region) and top at 2.618(155k). So if we are gonna go as high as that 260ish zone, then we must not see a major pullback from 1.618. the major pull back must only come from 2.618 for this chart to hold true on the idea of +260k btc. This is just one of my theories and as of now, nothing has happened to render it baseless. It's very difficult trying to depict where price could go in a parabola folks but at least this theory gives us an idea.
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This is why btc bottomed at 15k. It would suggest that we are beginning a new bull market which means we are still in the parabola in mentioned in 2023. Let me know your questions on this as it could mean a 2016|2017 type rally for Mr. btc
This is why btc bottomed at 15k. It would suggest that we are beginning a new bull market which means we are still in the parabola in mentioned in 2023. Let me know your questions on this as it could mean a 2016|2017 type rally for Mr. btc
So the issue is each time we come back above the previous ATH on $BTC after bear market, we drop by some few percentages and consolidate for some time.
2016|2017 we consolidated for 77days (shown in yellow circle) 2020 we consolidated for 21days (shown in yellow circle) Now in 2024 we have been consolidating for 42days!
My confluence for this is the weekly stochastic rsi which needs to get undervalued to give us momentum back up. (position now shown in yellow arrow).
The uncertainty around these times is what causes alts to plummet. however, one does not know exactly when the whole thing takes off so it's actually safer as an investor to be in than out at said times because whats the worst that can happen?? we go back to 10k? lol
All of the previous forecasts are happening in this range when viewed from the daily timeframe. We continue to chop folks and judging from these higher timeframes there's a good chance this chop continues for some time. All we got to do is stay put! I will update again if anything big changes or shows a chance of changing but until then... stay blessed.
From the 4H perspective on BTC, that zone in the yellow circle is where i will be actually attentive to see if we hold it as a double bottom on the 0.786. Doing that would again put us in some bigger targets up. will send the targets if it happens like so.
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