Bitcoin
Long
Aktualisiert

Bitconacci

509
Some insights panned out, not all. Nevertheless, the red path was dead on top and bottom. Inebriated mania severed by a wyckoff top.
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The weight of the Monthly MACD momentum spike happened to tip price over, corroborated by price drifting underneath the 12 EMA. These were the signals.
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These signals are reversed now. Momentum is poised.
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12 EMA flipped.
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What is expected, lower prices and higher prices? What about an extended lull that grinds into an unexpectedly massive climb.

There are reasons for this analysis, one is a new concept on nobody's radar yet. First, the weekly MACD seems to need a short breather. What is more interesting, however, is the Fibonacci time sequence marked in Blue. Cycles lining up since in 2009, btc genesis.
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more or less flat for some time in the works
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boring crab walk sideways to slight incline is fair
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step back view with williams vix in the trenches
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steady accumulate
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Given the lynchpin, $66k is a base to overshoot towards 2M. Settling around $660k.
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channel established
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Trade ist aktiv
~90k pause for a bit, likely.
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pause. perchance. prepare for dip buys in coming weeks.
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The channel tilt is now adjusted upwards. A hard crash up and out might be looming. Otherwise the channel trend continues.
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crash up
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Looking for a pause near 126k, a continued barreling to the vicinity of 160k. There a catalyst is likely met that causes a collapse lower. The heavy volume area below marks the floor. .... At no point should this be sold. It's merely a map to change from DCA buying to heavy buying.
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Pause at 126k held true, precisely. A prerequisite of a166k top.
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Month MACD ready to cool down while price remains within a range. Price isn't overextended enough for any meaningful collapse. Looks like it's going nowhere with rips and dips on cue until next year.
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After the next rip to the top of the range, price likely comes to rest on the 20 VWMA.
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Dyslexic move to the 20 VWMA first. Buying.
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Haftungsausschluss

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