Yo, listen up. My first time posting here, so try to keep up.
I've been going down the rabbit hole with some old-school Bitcoin cycle analysis, and while everyone's still busy yelling "bullish" on Twitter, I'm just here to tell you what the charts are saying.
This stuff is like clockwork. We're talking about predictable bull runs of about 1064 days, followed by a brutal beatdown of 370-400 days. You can literally see it on the weekly chart if you bother to look. It's a pattern, not a feeling.
But here's the kicker, the part they don't tell you. I threw on some Fibonacci levels just for kicks. And guess what? The last two major corrections (2015-17 and 2018-21) didn't just "find support." They bounced almost perfectly off the 0.786 level. That's the sweet spot, the one where the big dogs reload their bags.
So, if you're paying attention, the script is already written. We're probably in the final act of this bull run, and it should last until early November. After that, get ready for the grand finale—a new bear cycle that's going to hit the reset button and bring us back down to Earth. My target for a bottom? We're heading for a bounce somewhere in the $41k to $44k range. Don't say I didn't warn you.
Anyway, that's what I'm seeing. Let me know if you're seeing it too. Or don't. Whatever. Just don't get rekt.
I've been going down the rabbit hole with some old-school Bitcoin cycle analysis, and while everyone's still busy yelling "bullish" on Twitter, I'm just here to tell you what the charts are saying.
This stuff is like clockwork. We're talking about predictable bull runs of about 1064 days, followed by a brutal beatdown of 370-400 days. You can literally see it on the weekly chart if you bother to look. It's a pattern, not a feeling.
But here's the kicker, the part they don't tell you. I threw on some Fibonacci levels just for kicks. And guess what? The last two major corrections (2015-17 and 2018-21) didn't just "find support." They bounced almost perfectly off the 0.786 level. That's the sweet spot, the one where the big dogs reload their bags.
So, if you're paying attention, the script is already written. We're probably in the final act of this bull run, and it should last until early November. After that, get ready for the grand finale—a new bear cycle that's going to hit the reset button and bring us back down to Earth. My target for a bottom? We're heading for a bounce somewhere in the $41k to $44k range. Don't say I didn't warn you.
Anyway, that's what I'm seeing. Let me know if you're seeing it too. Or don't. Whatever. Just don't get rekt.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.